The import of prepared or preserved molluscs and shellfish to Chile displayed significant fluctuations between 2013 and 2023. Starting at 54,300 kilograms in 2013, the volume witnessed impressive growth to peak at 702,620 kilograms in 2018, before experiencing a decline in 2019, and then stabilizing with moderate growth. In 2023, the volume stood at 576,850 kilograms, showing a modest year-on-year increase of 4.86% from 2022. Over the last two years, the year-on-year variations highlight a steady upward trend with a 10.75% increase in 2022 and 4.86% in 2023. The average annual growth over the last five years, calculated as CAGR, reveals a consistent negative trend at -3.87%.
Key points:
- From 2013 to 2018, the volumes grew remarkably, peaking in 2018.
- The period between 2019 to 2023 saw stabilization with moderate growth.
- 2023 showed a year-on-year increase by 4.86% from 2022.
- The 5-year CAGR from 2018 to 2023 shows a decline of -3.87% annually.
Future trends to watch for:
- Forecasted data indicates a slow but steady increase in imports with a 3.20% CAGR expected over the next five years.
- By 2028, imports are projected to reach 702,590 kilograms, recording a growth rate of 17.08% over the forecast period.
- Monitoring global supply chains and demand shifts will be crucial for predicting precise future import volumes.
