Forecast: Avocados Production in Chile

The avocado production in Chile stood at 170.31 thousand metric tons in 2023. Over the past four years, production showed a fluctuating trend, decreasing by 11.23% from 2017 to 2020, then rising by 5.62% in 2021, and maintaining slight growth since then. The year-on-year variation in 2023 was 0.32%, consistent with a marginal average variation (CAGR) of 0.035% over the last five years. Looking ahead to 2028, the forecast shows a 5-year CAGR of 0.26%, with an overall growth rate of 1.31% from 2024.

Future trends to watch for include potential impacts of climate change on avocado yields, shifts in global market demand, and advancements in agricultural technologies that could enhance production efficiency.

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