In 2023, the gross production value of cherries in Chile stood at USD 706.7 million PPP. Based on forecasted data, there is a clear upward trend in the production value from 2024 to 2028. The significant year-on-year growth rates are observed between 2024-2025 at 8.8%, 2025-2026 at 8%, 2026-2027 at 7.3%, and 2027-2028 at 6.8%. This results in a CAGR of 7.74% over the five-year forecast period from 2024 to 2028.
Future trends to watch for include potential impacts of climate change on cherry production, technological advancements in agriculture that could further boost yield, and shifting international demand and trade policies that could affect export markets.
