Forecast: Honey Production in Chile

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.

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