Poultry meat production at farm gate in Chile has faced significant fluctuations over the last decade. After peaking at $1.54 billion in 2013, the sector saw a general downward trend with some minor recoveries. By 2023, the production value stood at $1.19 billion, reflecting an annual increase of 1.78% from 2022. The compound annual growth rate (CAGR) over the past five years was -1.79%, indicating persistent challenges. Forecast data suggests a continued slight decrease, with a forecasted 5-year CAGR of -0.49% and a total decline of 2.42% by 2028.
Future trends to watch for in the Chilean poultry meat production include:
- Tightening environmental regulations that could impact operational costs and production levels.
- Shifts in consumer preferences towards plant-based proteins that may reduce demand.
- Technological advancements in farming practices that could enhance efficiency and yield.
- Potential impacts of global trade policies and economic volatility on export markets.
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