Data analysis indicates that the imports of air conditioning equipment and machinery to Chile are set to increase steadily from 2024 onwards. The actual import value for 2023 was $155 million. For 2024, the forecasted import value is $160.7 million, rising incrementally each year to reach $180.21 million by 2028. Year-on-year variations show consistent growth: from 2024 to 2025, the increase is 3.13%; from 2025 to 2026, it's 2.98%; from 2026 to 2027, it's 2.83%; and from 2027 to 2028, it is 2.69%. Over the five-year period from 2023 to 2028, the Compound Annual Growth Rate (CAGR) is expected to be approximately 3.06%.
Future trends to watch for include:
- Potential impact of technological advancements in energy-efficient cooling systems.
- Economic factors such as changes in import tariffs or trade agreements.
- Environmental regulations and policies promoting sustainable practices.
- Shifting consumer preferences toward eco-friendly and smart air conditioning solutions.