The import of citrus juice to Chile has shown marked fluctuations over the years. After a significant drop in 2013, imports rebounded sharply in 2014. Following a slight decline in 2015, there was a moderate increase through 2016. The import value dipped in 2017 but surged again in 2018, maintaining an upward trend into 2023 where it stood at 3,447.3 thousand US Dollars.
The most recent two years before 2024 experienced moderate growth, with a 4.94% increase in 2022 and a 4.62% jump in 2023. This stable trend is projected to continue, with a 5-year forecast CAGR of 3.25%, reaching 4,241.8 thousand US Dollars in 2028. Over the past 5 years, the CAGR settled at 5.48%.
Future trends to watch include potential impacts from global trade policies, changes in domestic citrus production, fluctuations in international demand, and shifts in consumer preferences towards healthier beverage options. Monitoring these factors can provide a clearer projection for citrus juice imports to Chile.
