Based on the data, the olive oil import volume in Chile for 2024 is forecasted at 3.2 thousand metric tons, a growth from the 2023 level of 3.08 thousand metric tons. From 2025 to 2028, the forecasted volumes are projected to consistently increase, reaching 3.71 thousand metric tons in 2028.
Year-on-year variations are:
- 2023 to 2024: 3.89%
- 2024 to 2025: 4.06%
- 2025 to 2026: 3.90%
- 2026 to 2027: 3.47%
- 2027 to 2028: 3.63%
The Compound Annual Growth Rate (CAGR) over this five-year period is 3.80%.
Future trends to watch for include shifts in global supply chains, changes in consumer preferences towards health-centric diets, and potential impacts of climate change on olive production regions, which could affect import volumes and pricing strategies.
