The forecasted green peas production in Chile is experiencing a gradual decline from 12.83 thousand metric tons in 2024 to 11.21 thousand metric tons by 2028. In 2023, the production stood at 13.25 thousand metric tons. The year-on-year variation shows a percentage decrease of 3.3% from 2024 to 2025, 3.3% from 2025 to 2026, 3.3% from 2026 to 2027, and 3.3% from 2027 to 2028. Over the last two years, the production witnessed a decline by approximately 6%. The CAGR for the forecasted period indicates an average annual decrease of around 3%.
Future trends to watch for include climate change impacts, technological advancements in agriculture, and shifts in global demand for green peas. Monitoring these factors will be essential for predicting long-term production trends and adjusting strategies accordingly.
