Chile's honey export volume has demonstrated fluctuating trends over the past decade, standing at 7.0 Thousand Metric Tons in 2023. Between 2014 and 2019, volumes varied significantly, peaking at 10.0 Thousand Metric Tons in 2015 and dipping to 5.0 Thousand Metric Tons in 2017. More stable yet slightly declining trends were observed post-2019. Notably, 2020 saw a dip to 5.81 Thousand Metric Tons, showing a sizable year-on-year decrease, followed by a return to more consistent 7.0 Thousand Metric Tons from 2021 to 2023.
The year-on-year variation from 2022 to 2023 is stable at 0%, and the CAGR over the past five years reports a decline at -2.64%. Forecasted data from 2024 indicates a marginal annual decrease, with the expected volume gradually sliding from 6.99 Thousand Metric Tons to 6.94 Thousand Metric Tons by 2028, reflecting a forecasted 5-year CAGR of -0.14%.
Future trends to watch include potential impacts of global demand fluctuations, climate change effects on production, and advancements in apicultural practices. Additionally, shifts in international trade policies could influence export dynamics for Chile's honey market.
