The import volume of silver jewellery and parts of precious metals to Chile has exhibited significant fluctuations from 2013 to 2023. In 2023, the import volume stood at 273.08 thousand kilograms, representing a 3.55% year-on-year increase. Over the last two years, imports rose by 3.76% in 2022 and 3.55% in 2023. Analyzing the longer-term trend, the compound annual growth rate (CAGR) over the last five years shows an average annual increase of 2.59%, suggesting a steady yet moderate growth phase.
Future trends to watch for:
- Expect a continuous moderate increase in imports, as the forecast CAGR for the next five years is 2.59%.
- Potential economic factors and trade policies that could affect the variability and stability of import volumes.
