The data on oilseeds losses in Chile forecasted from 2024 to 2028 indicates a gradual increase from 19.0 thousand metric tons in 2024 to 21.0 thousand metric tons in 2028. In 2023, the actual value stood at 18.0 thousand metric tons. We observe a 5.56% rise from 2023 to 2024. From 2024 to 2025, there is a further increase of 5.26%, after which the value plateaus until 2027 before a slight uptick of 5.00% again in 2028.
Year-on-year variations for the last two years show stable values with an overall trend of incremental growth. The 5-year CAGR from 2023 projected to 2028 averages around 3.14% per annum, indicating a moderate increase over the period.
Future trends to watch for include potential impacts of climate change, technological advancements in farming practices, and variations in global demand and supply that could further influence oilseed losses. Policy changes and economic conditions will also play crucial roles in shaping the outcome of these forecasts.
