The total support on natural gas for fossil fuel production in Chile stood at approximately $111.53 million in 2023. Observing the trends over the past years, from 2013 to 2023, there's been a fluctuation in annual values with notable peaks and troughs. Key year-on-year variations include significant increases in 2015 (47.45%) and 2021 (34.38%). Conversely, there were declines in 2014 (-8.65%) and 2020 (-11.33%). From 2018 onwards, the CAGR shows smaller variations, indicating a generally stabilizing trend, with an average annual increase of 1.02% projected for 2023-2028.

Future trends to watch for:

Technological advancements in energy efficiency and renewable sources potentially impacting natural gas support dynamics.
Government policies and international climate agreements that might accelerate the decrease in fossil fuel reliance.
Market fluctuations in global energy prices influencing investment and support in natural gas production.
Increased advocacy for environmental sustainability potentially shifting the dynamics of energy support towards greener alternatives.