The export of dried fruits from Chile has shown significant fluctuations over the past decade. After a peak in 2014 with a 42.21% year-on-year increase, the sector faced a decline until 2020, when it hit a low point. The last two years saw a slight resurgence by 0.95% and 0.92% year-on-year increases respectively, culminating in a value of 195.53 Million US Dollars in 2023. The average annual change (CAGR) over the past five years was -0.47%.
Looking ahead, the forecast indicates a moderate upward trend with a 0.74% CAGR expected over the next five years, predicting a growth rate of 3.73% by 2028. The dried fruit export market is likely to experience modest growth, stabilizing from the declines of the previous decade.
Trends to watch for:
- Market diversification and the impact of new trade agreements
- Changes in global demand and consumption patterns
- Impact of climatic conditions on fruit production
- Technological advancements in drying processes and storage