In 2023, Chile's poultry meat production stood at 824.49 thousand metric tons. Over the past two years, the production increased by 2.9%, reflecting a positive trend despite minor fluctuations in previous years.
From 2013 to 2023, Chile’s poultry meat production showed an overall growth, barring occasional dips. The 5-year compound annual growth rate (CAGR) from 2018 to 2023 was 1.58%, indicating a steady albeit slow upward trend in production capacity.
Looking ahead, the forecast indicates a continued increase in production, expected to reach 895.33 thousand metric tons by 2028. This suggests a 5-year forecasted growth rate of 6.67%, with a forecasted 5-year CAGR of 1.3%.
Future trends to watch for include:
- Sustainability practices and innovations within the poultry sector.
- Potential impacts of global trade dynamics and local agricultural policies on production.
