Forecast: Nuts Export Volume in Chile

The nuts export volume in Chile has shown steady growth from 73.0 thousand metric tons in 2014 to 175.0 thousand metric tons in 2023, with significant year-on-year increases noted in 2015 and 2017, at 32.88% and 37%, respectively. The period from 2022 to 2023 recorded a modest growth of 2.94%, reflecting a stabilization trend following a peak growth phase. The Compound Annual Growth Rate (CAGR) over the last five years stands at 2.99%, indicative of moderate, consistent expansion.

Looking ahead from 2024 to 2028, the nuts export volume in Chile is expected to continue growing, reaching an estimated 205.68 thousand metric tons in 2028. The forecasted CAGR for this period is 2.52%, suggesting a steady growth trajectory with an overall increase of 13.23% over the five-year forecasted period.

Future trends to watch for include:

- The impact of global market demand and trade policies - Technological advancements in agriculture efficiency - Domestic production capabilities and climatic conditions- Shifts in consumer preferences towards healthier diets including nuts

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