The Maize market in Chile is forecasted to grow steadily from 2024 to 2028, beginning at 408.63 Thousand Metric Tons in 2024 and reaching 414.47 Thousand Metric Tons in 2028. In 2023, the maize market size volume stood at 407.12 Thousand Metric Tons. The year-on-year growth rate indicates minor but consistent increases, reflecting the stability of maize demand in the region. The compound annual growth rate (CAGR) over this five-year period averages around 0.36%, signaling a modest upward trend.
Future trends to watch for:
- Climate change and its impact on crop yields. - Technological advancements in agriculture. - Government policies affecting maize production. - Changes in domestic and international demand for maize.