In 2023, pork production at the farm gate in Chile stood at 1.24 billion euros. The forecast data for the following years indicates a steady upward trend: 1.27 billion euros in 2024, 1.3 billion euros in 2025, 1.33 billion euros in 2026, 1.36 billion euros in 2027, and 1.39 billion euros in 2028.
Year-on-year variation:
- 2024: Increase of 2.42%
- 2025: Increase of 2.36%
- 2026: Increase of 2.31%
- 2027: Increase of 2.26%
- 2028: Increase of 2.21%
Over the past two years, the average annual growth rate was approximately 2.34%. From 2023 to 2028, the Compound Annual Growth Rate (CAGR) is projected to be around 2.31%.
Future trends to watch for:
Monitoring the impact of technological advancements in farming, potential trade policy changes, and shifts in consumer preferences will be crucial. Additionally, environmental regulations and sustainability practices are likely to play a significant role in future production trends.
