The production of oranges and mandarins in Chile has shown varied trends over the past decade. In 2023, the production stood at 342.0 thousand metric tons, reflecting a year-on-year increase of 2.7%. From 2014 to 2018, there was significant growth, culminating in a notable 30.61% increase in 2018. However, 2019 and 2020 experienced slight declines, before resuming growth from 2021 onwards. The last five years have witnessed an average annual growth (CAGR) of 1.34%.
Looking ahead, the forecast indicates steady growth, with an average annual growth rate (CAGR) of 1.97% from 2024 to 2028, expecting to reach 387.4 thousand metric tons by 2028, corresponding to an overall growth rate of 10.23% over these five years.
Future trends to watch for:
- Climate change impacts on production stability.
- Technological advancements in agricultural practices.
- Potential fluctuations in global demand and export markets.
