The domestic consumption of cherries in Chile stood at 60.5 thousand metric tons in 2023. A consistent upward trend is projected from 2024 to 2028, with forecasted values showing an increase of approximately 12.6% year-on-year. By 2028, consumption is expected to reach 104.84 thousand metric tons, which marks an annual compound growth rate (CAGR) of 12.5% over the five-year period.
Future trends to watch for:
- Potential impacts of climate change on cherry production. - Shifts in consumer preferences, such as an increasing demand for organic produce. - Economic conditions affecting household spending power. - Developments in agricultural technology improving yield and quality of cherries. - Government policies relating to agricultural subsidies and trade agreements.
