The supply of cherries in Chile is projected to increase significantly over the next five years. In 2023, the supply stood at a lower level compared to the forecast. From 2024 to 2028, the supply in thousand metric tons is expected to grow steadily from 568.67 to 778.65. The year-on-year percentage variation from 2024 to 2026 shows consistent growth, reaching its peak in 2028. The compound annual growth rate (CAGR) over this five-year period indicates robust, sustained growth in the cherry supply.
Future trends to watch for include the impact of climate change on crop yields, advancements in agricultural technology, and shifts in global demand for cherries. Additionally, trade policies and economic conditions in export markets could significantly influence Chile’s cherry supply dynamics.
