The import of ceramic building bricks, flooring blocks, and tiles to Chile exhibited significant fluctuations from 2013 to 2023. The period started with a decrease of 17.89% in 2013. Notable increases were seen in 2015 with a 25.13% rise, and a substantial 195.46% surge in 2017. However, 2019 saw a dramatic decline of 56.66%, and while there was a minor rebound in 2020 with an increase of 18.52%, the trend remained variable with a 1.32% decrease in 2023.
Considering the period from 2019 to 2023, the compound annual growth rate (CAGR) was -9.88%. Projections from 2024 to 2028 suggest a minor decline with a forecasted 5-year CAGR of -0.91%.
Future trends to watch for include:
- The impact of economic conditions on construction and housing markets.
- The potential influence of trade policies and tariffs.
- Shifts in housing demand and construction practices that could impact the import volumes of these materials.
- Technological advancements in materials that may disrupt traditional ceramic products.
