The import value of synthetic rubber to Chile has shown considerable yearly fluctuations. From 2013 to 2015, imports experienced a decline, stabilizing somewhat in subsequent years with minor fluctuations. By 2022, the value was $66.813 million, with a slight predicted increase to $66.869 million in 2023. Year-on-year variation for 2022-2023 is 0.084%, and the forecasted 5-year CAGR stands at approximately 0.08%, showing a slight growth trend over the next five years.
Future Trends to Watch: Despite past fluctuations, the synthetic rubber import market is anticipated to have marginal growth. Key factors to monitor include global synthetic rubber prices, changes in local industrial demand, and potential economic policies impacting trade.