Key Market Indicators
Wheat consumption in Chile is projected to reach 2.1 million metric tons by 2026. This is a slight increase of 0.4% compared to 2021. Since 2017, consumption has grown by 0.3% annually. Chile was ranked number 36 in 2021, but Kenya overtook it with 2.01 million metric tons. India, the United States and Pakistan came in second, third and fourth respectively in the ranking. Wheat production in Chile is expected to drop to 1.39 million metric tons by 2026. This is a decrease of 0.3% compared to 2021. Since 1966, production has decreased by 4% each year. Chile was ranked 44th in 2021, with Austria taking the lead at 1.41 million metric tons. India, Russia and the United States took the second, third and fourth spots respectively in the ranking.