The forecasted maize yields in Chile show a consistent annual increase from 2024 to 2028. The yield is projected to rise from 128.27 thousand hectograms per hectare in 2024 to 133.49 thousand hectograms per hectare in 2028. This represents a steady year-on-year growth.
Year-on-Year Variations:
- 2024 to 2025: 1.06% increase
- 2025 to 2026: 1.01% increase
- 2026 to 2027: 0.99% increase
- 2027 to 2028: 0.95% increase
The Compound Annual Growth Rate (CAGR) over the 5-year period from 2024 to 2028 is approximately 0.99% per year.
Future trends to watch for include advancements in agricultural technologies, climate change impacts on crop yield, and policy changes in agricultural subsidies and support. These factors could significantly influence maize yield projections beyond 2028.