The forecast for primary oilseeds yield in Chile indicates a steady increase from 2024 to 2028, starting at 13.17 thousand hectograms per hectare in 2024 and reaching 13.62 by 2028. This steady upward trend represents a year-on-year growth of approximately 0.84% from 2024 to 2025, 0.91% from 2025 to 2026, 0.82% from 2026 to 2027, and 0.81% from 2027 to 2028.
For context, the actual yield in 2023 stood at 13.05 thousand hectograms per hectare, showing significant growth toward the next five years. The compound annual growth rate (CAGR) from 2024 to 2028 is around 0.87%, reflecting gradual but consistent improvement in yield productivity.
Future trends to watch for include advancements in agricultural technology, changes in climate patterns, and global market demands which may influence yield performance. Close monitoring of these trends will be crucial in making long-term projections and strategic decisions for the sector.