The mutton and goat meat market in Chile displayed relative stability from 2014 to 2023, with values oscillating between 8.3 and 10.0 thousand metric tons. Notable variations occurred in 2015 and 2020 with a significant decline of 10% and 17% respectively, while 2018 and 2021 observed an increase of 11.11% and 20.48%. From 2021 to 2023, the market volume remained constant at 10.0 thousand metric tons, showing no year-on-year variation.
Forecasts for 2024 to 2028 indicate a slight growth trajectory, with the market volume expected to rise gradually from 10.03 to 10.12 thousand metric tons. This suggests a compound annual growth rate (CAGR) of approximately 0.17% over the five-year forecast period.
Future trends to watch for include potential impacts from shifts in dietary preferences, economic conditions, and import-export policies. Market players should also keep an eye on sustainability initiatives and advancements in agricultural practices that could influence production and consumption patterns.
