In 2023, the import of coffee to Chile stood at USD 65 million. The forecasted data indicates a continuous upward trend in coffee imports, reaching USD 66.493 million in 2024 and rising steadily each year to USD 73.156 million by 2028.
Analyzing the year-on-year (YoY) variations:
- 2024: +2.30% from 2023
- 2025: +2.58% from 2024
- 2026: +2.47% from 2025
- 2027: +2.36% from 2026
- 2028: +2.25% from 2027
The Compound Annual Growth Rate (CAGR) for the period from 2024 to 2028 is approximately 2.39%, reflecting a moderate but consistent increase in coffee imports.
Future trends to watch for:
- Changes in global coffee prices influencing import values.
- Shifting consumer preferences towards specialty or premium coffee varieties.
- Economic factors and trade policies that may impact import volumes and costs.