The forecast for the import of electrical plugs and sockets to Chile from 2024 to 2028 demonstrates a consistent upward trend, going from 1.9064 million kilograms in 2024 to 2.1523 million kilograms by 2028. In 2023, the actual volume stood at 1.8456 million kilograms, indicating continued growth in the market. Year-on-year variations are as follows: 3.30% between 2023 and 2024, 3.32% from 2024 to 2025, 3.15% from 2025 to 2026, 3.00% from 2026 to 2027, and 2.84% from 2027 to 2028. The five-year compound annual growth rate (CAGR) is approximately 3.12%.
Future trends to watch for include technological advancements in smart home devices that could spur increased demand, potential shifts in trade policies impacting import dynamics, and economic factors influencing consumer spending power. Market players should also keep an eye on the sustainability trends affecting the types and volumes of imported electrical goods.
