The forecast for hemp seed yield in Chile shows a clear downward trend from 2024 to 2028, starting at 3.41 thousand hectograms per hectare in 2024 and declining to 2.41 thousand hectograms per hectare by 2028. In 2023, the actual yield was at 3.7 thousand hectograms per hectare, indicating a decrease of 7.84% year-on-year to 2024. The year-on-year variations are -7.63% from 2024 to 2025, -7.94% from 2025 to 2026, -8.28% from 2026 to 2027, and -9.40% from 2027 to 2028. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately -7.28%.
Future trends to watch for include the impact of changing climate conditions, advancements in agricultural technology, and potential changes in government policies and regulations that could either exacerbate or mitigate the decline in hemp seed yield. Additionally, market demand shifts and international trade dynamics may also play critical roles in shaping future yield trends.