The forecast for apple demand in Chile over the next five years shows a consistent upward trend. In 2024, the demand is projected to be 712.5 thousand metric tons, rising steadily each year to reach 740.8 thousand metric tons by 2028. This represents a year-on-year growth rate of approximately 1.0% to 1.3%.
Comparing this data to the 2023 figure of 705.0 thousand metric tons (actual), we see a clear upward trajectory. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is projected to be around 1.25%, indicative of stable demand growth.
Future trends to watch for include potential shifts in consumer preferences toward organic or locally-sourced apples, advancements in agricultural technology that could impact supply, and economic factors that could affect purchasing power. Additionally, climate change could play a significant role in apple production and demand dynamics.
