In 2023, the wine market size volume per capita in Chile stood at 13.86 kilograms. Forecasted data for 2024 to 2028 shows a gradual decline in per capita wine consumption from 13.77 kilograms in 2024 to 13.4 kilograms in 2028, indicating a consistent downward trend.
Year-on-year variations are relatively small, but the cumulative effect over five years signifies a more noticeable dip. The compound annual growth rate (CAGR) over the five-year period from 2023 to 2028 is negative, reflecting the overall decline.
Future trends to watch for include potential shifts in consumer preferences towards alternative beverages, changes in economic conditions affecting disposable income, and evolving health trends that might further influence wine consumption.
