Forecast: Import of Polymers of Propylene and Olefins to Chile

The import of Polymers of Propylene and Olefins to Chile reached 1.3005 million US dollars in 2023, reflecting a slight year-on-year increase of 1.37%. Over the past decade, import values have shown fluctuations with significant growth periods like 2014 (17.03% YoY) and downturns such as 2019 (-35.1% YoY). From 2019 onward, imports have largely fluctuated around 1 million US dollars, with modest growth since 2021.

Key variations over the last two years highlight:

  • 2022: 6.76% YoY
  • 2023: 1.37% YoY
The compound annual growth rate (CAGR) over the last 5 years was -4.08%, indicating an overall decline.

Forecasts predict a steady growth trend with a forecasted 5-year CAGR of 1.09%, culminating in a 5.57% growth by 2028. Future trends to watch for include potential impacts from global economic shifts, trade policies, and technological advancements in polymer production, which could influence both supply and demand dynamics.

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