Forecast: Direct On-Farm Energy Consumption in Chile

Direct on-farm energy consumption in Chile is forecasted to increase steadily from 367.63 thousand tonnes of oil equivalent in 2024 to 388.49 thousand tonnes in 2028.

  • 2024: 367.63
  • 2025: 372.95 (1.45% YoY)
  • 2026: 378.2 (1.41% YoY)
  • 2027: 383.38 (1.37% YoY)
  • 2028: 388.49 (1.33% YoY)

The compound annual growth rate (CAGR) over this five-year period is approximately 1.39%.

Future trends to watch for include technological advancements in energy-efficient farming equipment and renewable energy adoption, which could influence energy consumption rates on farms.

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