Based on historical data and forecasts, the import of parts and accessories for motor vehicles to Chile has exhibited volatility over the past decade. Year-on-year variations ranged from a high of 16.63% in 2021 to a low of -24.81% in 2015. In recent years, from 2022 to 2023, the year-on-year changes show stabilizing trends at 7.19% and 1.76%, respectively. The 5-year forecasted compound annual growth rate (CAGR) from 2023 to 2028 is estimated at 1.38%, indicating a moderate yet steady growth rate of 7.08% over the forecast period.
Future trends to watch include potential impacts from global supply chain disruptions, technological advancements in automotive parts requiring different accessories, and local economic factors affecting import abilities.
