Based on the data, the value added in the wholesale of household goods sector in Chile has demonstrated consistent growth from 2013 through 2023, reaching 1.6734 trillion Chilean Pesos in 2023. Over the last two years, the year-on-year growth rate has shown a steady increase, with 2.12% in 2022 and 2.03% in 2023. The Compound Annual Growth Rate (CAGR) over the past five years stands at 2.41%, indicating stable growth but at a decelerating pace compared to previous years.
Looking at future trends, the sector is forecasted to continue growing, with projections indicating a value of 1.8303 trillion Chilean Pesos by 2028. The forecasted five-year CAGR from 2024 to 2028 is 1.42%, with an expected total growth rate of 7.28% over this period.
Future trends to watch for:
- International trade dynamics and their impact on wholesale prices and supply chains.
- Technological advancements in supply chain and logistics management.
- Consumer spending behavior and economic stability in Chile.
- Regulatory changes and their potential effects on the wholesale sector.
- Environmental sustainability practices in the wholesale and retail sectors.
