The export volume of oilseeds in Chile is forecasted to see a steady increase from 2024 to 2028. In 2023, the actual export volume stood at 25.95 Thousand Metric Tons. The forecasted data shows an upward trend with a year-on-year increase as follows:
- 2024: 26.49 Thousand Metric Tons (up 2.1% from 2023)
- 2025: 27.05 Thousand Metric Tons (up 2.1% from 2024)
- 2026: 27.6 Thousand Metric Tons (up 2.0% from 2025)
- 2027: 28.14 Thousand Metric Tons (up 2.0% from 2026)
- 2028: 28.67 Thousand Metric Tons (up 1.9% from 2027)
The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is approximately 1.8%.
Future trends to watch for:
- Monitor global market conditions and trade policies.
- Assess the impact of technological advances in agriculture.
- Observe changes in consumer demand and preference for oilseeds.
- Track climate change effects on agricultural productivity.
