The total aquaculture production in Chile showed a general upward trend from 2013 to 2023, reaching 1.5437 million metric tons in 2023. The year-on-year variation exhibited fluctuations, with significant drops in years like 2015 and 2020, which recorded a decrease of 13.82% and 16.31%, respectively. However, certain years such as 2014, 2017, 2019, and 2021 experienced considerable growth, peaking at 18.37% in 2021. The compound annual growth rate over the last five years was 3.7%, indicating moderate and steady growth.
From 2024 to 2028, the forecasts suggest continued growth in production, with the 5-year CAGR averaging at 2.05%. This indicates a steady increase, projecting an overall 10.67% growth rate by 2028. Future trends to watch for include advancements in sustainable aquaculture technologies and the impact of international market demands, which could further accelerate production growth.
