Honey production in Chile showed a stable trend from 2014 to 2016 with a volume of 11.0 thousand metric tons. There was an increase of 9.09% in 2017 elevating production to 12.0 thousand metric tons, maintained through 2023. The compound annual growth rate (CAGR) from 2014 to 2023 has varied, significantly dropping in 2020 by 5%, then recovering by 5.26% in 2021, to settle at 0% in 2023. Forecasts for 2024 to 2028 predict a gradual increase, with a five-year CAGR of 0.37%.
Future trends to watch for include:
- Potential impacts of climate change on beekeeping and honey production.
- Shifts in global demand and local market conditions that may stabilize or boost production.
- Technological advancements in apiculture which may improve yields.