The export value of baked bread, pastry, and wafers from Chile has been on a declining trend from 2013 to 2023, decreasing from $15.144 million in 2013 to $10.36 million in 2023. The five-year CAGR from 2019 to 2023 shows a decrease of 2.03%. The forecast for 2028 projects a continuing downward trend with a five-year CAGR of -1.64%, anticipating a total decrease in value of about 7.95% over the period. Recent years have shown slight year-on-year decreases, with declines of 1.86% in 2022 and 1.85% in 2023.

Future trends to watch for include:

Potential market recovery due to global economic factors and trade agreements.
Impact of evolving consumer behaviors towards fresh and gluten-free baked goods.
Technological advancements in food preservation affecting export quality and shelf-life.
Competitive pressures from other countries improving their own export capabilities in the same segment.