Forecast: Poultry Meat Consumption at Farm Gate in Chile

The consumption of poultry meat at the farm gate in Chile shows a consistent and steady upward trend between 2024 and 2028. In 2024, the forecasted value is 789.22 thousand metric tons, increasing progressively each year to reach 827.41 thousand metric tons by 2028. In 2023, the value stood at 780 thousand metric tons. Considering the forecasted data from 2024 to 2028:

• Year-on-year growth is seen at approximately 1.27% from 2024 to 2025, 1.21% from 2025 to 2026, 1.16% from 2026 to 2027, and 1.11% from 2027 to 2028.

• Over the last two years, the growth rate has averaged 1.24% per year.

• The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is around 1.19%, indicating a steady annual increase in poultry meat consumption.

Looking ahead, factors such as changes in consumer preferences, economic conditions, pricing trends, and advancements in poultry production technology will be key influencers to watch for in determining future consumption patterns.