Chile's import of shawls, scarves, and veils made from synthetic fibers has displayed varied trends over the past decade. In 2023, the volume stood at 407.01 thousand kilograms, marking a steady increase. This upward trend continued with compound annual growth rates (CAGR) fluctuating over the years. From 2018 to 2023, the CAGR was 3.19%, reflecting a moderate annual growth rate. Notably, the year-on-year growth from 2021 to 2022 was 3.14%, and then 2.98% from 2022 to 2023, indicating a relatively stable growth period recently.
The forecast for 2024 to 2028 suggests a continued rise, with the import volume expected to reach 468.55 thousand kilograms by 2028. The forecasted five-year CAGR is 2.21%, implying a modest but consistent upward trend with an overall growth rate of 11.57% by 2028.
Future trends to watch for include potential market shifts due to changes in consumer preferences, economic conditions, and trade policies that may impact the scalability of imports. Additionally, advancements in synthetic fiber technology and sustainability practices may drive variations in demand and import volumes.
