Forecast: Grapes Demand in Chile

Based on the provided data, the demand for grapes in Chile is forecasted to remain relatively stable from 2024 to 2028, standing at 1.7 million metric tons in 2024 and 2025, slightly increasing to 1.71 million metric tons from 2026 to 2028. In 2023, the value was also 1.7 million metric tons, thus indicating no significant variation year-on-year.

Year-on-year variations show an increase from 2025 to 2026 by approximately 0.59%, but it stabilizes again from 2026 onwards. Looking at the Compound Annual Growth Rate (CAGR) over a five-year period, the market shows a very modest growth rate, highlighting an overall stable demand.

Future trends to watch for:

  • Impact of climate change on grape production.
  • Shifts in global market demand, potentially influenced by changing consumer preferences and economic conditions.
  • Technological advancements in agriculture that could affect productivity and supply chain efficiencies.

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