The production of Nonfat Dry Milk in Chile has been forecasted to remain stable at 18.0 thousand metric tons annually from 2024 to 2027, followed by a modest increase to 19.0 thousand metric tons in 2028. In 2023, the production stood at 18.0 thousand metric tons. This indicates zero percent year-on-year growth from 2023 to 2027, with a 5.56% increase in 2028. The average variation per year over the last five years (CAGR) has been minimal.
Future trends to watch for include potential impacts of climate change on milk production, advancements in dairy technology, and shifts in both domestic and international demand. Additionally, changes in governmental policies related to agriculture and imports could influence production dynamics.
