The grape market size volume in Chile stood at 85.1 thousand metric tons in 2023. Based on forecasted data, the market is expected to grow incrementally, reaching 85.6 thousand metric tons in 2024, and continuing this upward trend through 2028, where it is projected to reach 88.17 thousand metric tons.
The year-on-year variation from 2024 to 2025 is approximately 0.78%, 2025 to 2026 is about 0.74%, 2026 to 2027 is around 0.74%, and 2027 to 2028 is close to 0.71%. Over the last two years, the average annual growth rate is roughly 0.75%. The compound annual growth rate (CAGR) for the period from 2023 to 2028 is approximately 0.71%, indicating a stable and modest growth trajectory.
Future trends to watch for include advancements in grape cultivation technology, potential climate impacts on grape harvests, and shifts in global demand dynamics for grapes. These factors could influence both the volume and market dynamics in the coming years.
