In 2023, the orange yield in Chile stood at a certain level, and projections for the following years indicate an increase. In 2024, the forecasted yield is 232.14 thousand hectograms per hectare, with a gradual rise each year, reaching 244.31 by 2028.
The year-on-year variation shows a steady increase in yield:
- 2024 to 2025: an increase of approximately 1.35%
- 2025 to 2026: an increase of approximately 1.30%
- 2026 to 2027: an increase of approximately 1.26%
- 2027 to 2028: an increase of approximately 1.22%
Over the last two years, the variation in yield has shown a consistent upward trend. The Compound Annual Growth Rate (CAGR) over the next five years is around 1.3%, indicating a modest annual increase in yield.
Future Trends to Watch For:
- Climatic changes affecting crop yields
- Advancements in agricultural technology for higher yield efficiency
- Market demand fluctuations influencing production levels
- Government policies and support for the agricultural sector
