The Wholesale of Food, Beverages, and Tobacco sector in Chile showed significant growth from 2013 to 2023, achieving an overall increase from 2.134 trillion Chilean Pesos in 2013 to 4.7 trillion Chilean Pesos in 2023. Year-on-year variations indicate considerable fluctuations with peaks such as the 48.01% increase in 2014 and a notable decrease of 7.89% in 2018. The CAGR over the last five years preceding 2023 stood at approximately 3.67%, depicting moderate but consistent growth.
Future trends to watch for:
- Forecasted data from 2024 to 2028 suggests continued moderate growth with an average annual growth rate (CAGR) of 2.08%.
- Projected increases in production values annually indicate sustained demand and possibly expanding markets in the sector.
