Forecast: Avocados Exported to Spain by Chile

In 2023, Chile exported avocados to Spain with a value of $23.2 million. The forecasted values for 2024 to 2028 show a consistent upward trend. The forecast values are $24.2 million in 2024, $25.28 million in 2025, $26.35 million in 2026, $27.41 million in 2027, and $28.46 million in 2028. Year-on-year variations show an increase of approximately 4.65% from 2023 to 2024, 4.46% from 2024 to 2025, 4.23% from 2025 to 2026, 4.03% from 2026 to 2027, and 3.83% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the last five years is roughly 4.2%.

Future trends to watch include potential shifts in demand due to changing consumer preferences, alterations in trade agreements, and the impact of climate change on avocado production. Monitoring these factors will be crucial for understanding how the market for Chilean avocado exports to Spain might evolve.

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