Based on the data provided, the production forecast for nectarines and peaches in Chile shows a steady decline over the next five years:
| Year | Production (Thousand Metric Tons) | Year-on-Year Variation (%) |
|---|---|---|
| 2024 | 327.36 | - |
| 2025 | 326.77 | -0.18% |
| 2026 | 326.19 | -0.18% |
| 2027 | 325.63 | -0.17% |
| 2028 | 325.07 | -0.17% |
The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is approximately -0.18%, indicating a small but consistent decline.
Future Trends to Watch: Factors such as climate change, market demand fluctuations, and advances in agricultural technology could significantly impact future production volumes. Sustained investments in sustainable farming practices and supply chain improvements may help mitigate the forecasted decline.
