The poultry meat market in Chile has seen significant fluctuations over the years. In 2023, the market volume reached 806.0 thousand metric tons, experiencing a year-on-year growth of 1.13%. Over the last five years, the compound annual growth rate (CAGR) averaged at 1.05%. Historical trends since 2014 demonstrate periods of robust growth, such as the surge in 2016 at 7.92% year-on-year, and sudden drops, notably a decline of 15.92% in 2020 due to market disruptions. Despite the volatility, the market has shown resilience with a notable recovery post-2020.
Looking forward, the forecast for 2028 suggests a moderate expansion with a projected market volume of 854.33 thousand metric tons. The 5-year CAGR until 2028 is anticipated to be 0.92%, translating to a forecasted growth rate of 4.67% from 2023 to 2028. Key future trends to watch for include shifts in consumer preferences towards healthier proteins, potential economic impacts on consumer purchasing power, and changes in international trade policies that could affect market dynamics.
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