In 2023, the demand for vegetables in Chile stood at 1.88 million metric tons. The forecasted data from 2024 to 2028 shows a steady increase in demand, projected to rise from 1.89 million metric tons in 2024 to 1.95 million metric tons in 2028. The year-on-year variation indicates a modest growth of approximately 0.53% from 2024 to 2025, 0.52% from 2025 to 2026, 0.52% from 2026 to 2027, and 1.04% from 2027 to 2028, culminating in a consistent upward trend.
Comparing the recent years from 2022 to 2024, the demand increased by 0.53%. From 2021 to 2023, the demand rose by 1.07%, demonstrating a continual increase. The compound annual growth rate (CAGR) over the last five years has been steady, averaging around 0.78% per year.
Future trends to watch include shifts in consumer preferences towards organic and locally-sourced produce, potential impacts of climate change on agricultural yield, and technological advancements in farming practices. Monitoring these factors will be critical in understanding and forecasting long-term demand fluctuations.