Skimmed dried milk production in Chile experienced significant growth from 2013 to 2023, rising from 10.0 to 30.68 thousand metric tons. The year-on-year variation fluctuated, hitting a peak increase of 180.91% in 2014, followed by periods of decline and growth. More stable growth is observed from 2020 onwards, with an average annual increase (CAGR) of 3.34% for the past five years. The data suggests a steady upward trend in production.
Looking ahead, forecasted values indicate a continued rise in production, reaching 35.34 thousand metric tons by 2028, with an expected five-year CAGR of 2.22%. Future trends to watch for include potential impacts of global dairy market fluctuations, local agricultural developments, and consumer demand changes in dairy products.
