In 2023, Chile imported 3.4 million USD worth of yarn of combed wool. The forecasted data from 2024 to 2028 indicates an increasing trend in the import value, starting at 3.5517 million USD in 2024 and reaching 4.1954 million USD by 2028.
Year-on-year percentage variations show a steady increase:
• 2024: 4.5%
• 2025: 4.7%
• 2026: 4.4%
• 2027: 4.1%
• 2028: 3.9%
The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately 4.3%.
Future trends to watch for include changes in global wool prices, trade agreements that may affect import tariffs, and technological advancements in textile manufacturing that could influence demand for combed wool yarn in Chile.