Mutton and goat meat production in Chile stood at 14.0 thousand metric tons in 2023. Over the preceding decade, the production exhibited overall downward trends with fluctuations. From 16.0 thousand metric tons in 2014, production decreased, peaking at 15.0 in 2018 before declining again. The forecasts for 2024-2028 show a continuous slight decline, with the projected production slated to be 13.53 thousand metric tons by 2028. The Compound Annual Growth Rate (CAGR) from 2014 to 2023 is -1.37%, indicative of a gradual decrease. The year-on-year variation for 2023 was 0%, while the forecast CAGR to 2028 is -0.5%, forecasting continued, albeit slower, contraction.
Future trends to watch for:
- Production efficiency improvements to stabilize or potentially increase output.
- Government policies or incentives that may impact livestock farming dynamics.
- Changes in consumer demand and export market fluctuations.
- Impact of climate change on livestock farming conditions.
