The demand for nuts in Chile has shown significant fluctuations from 2014 to 2023. By 2023, the demand stood at 27.0 thousand metric tons, a 3.57% decrease from 2022, marking an average annual decline (CAGR) of 1.42% over the last five years. Historically, notable declines occurred in 2015 (-28.21%) and 2018 (-19.44%), alternating with periods of growth such as 2016 (14.29%) and 2017 (12.5%).
From 2024 to 2028, the demand is forecasted to decrease steadily, with a CAGR of -2.06% and a total projected decline of 9.9%. Future trends to watch include potential shifts in consumer preferences, economic impacts on disposable incomes, and changes in agricultural productivity or policies affecting nut production.
