In 2023, Chile's bentonite production stood at 1.46 thousand metric tons. Over the past decade, production saw significant fluctuations: a dramatic 271% rise in 2013 followed by a 67.31% drop in 2014. From 2015 onward, the year-on-year variations stabilized, fluctuating between slight increases and minor decreases, with a notable 16.89% decline in 2020 amid the pandemic. The average annual growth rate over the past five years was modest at 0.14%.
Looking ahead, the production is forecasted to achieve minimal growth, reaching 1.47 thousand metric tons by 2028, with a five-year CAGR of 0.11%. Future trends to watch for include potential impacts of environmental regulations on mining practices and evolving demand in industrial applications.
