Forecast: Poultry Meat Production in Chile

Poultry meat production in Chile has shown a consistent upward trend from 2014, increasing from 664.0 thousand metric tons to 782.0 thousand metric tons in 2023, representing an increase of 0.77% year-on-year. The last five years have seen a compound annual growth rate (CAGR) of 0.52%. Notable fluctuations include increases of 7.08% in 2015 and 8.39% in 2018, and decreases of 5.26% in 2017 and 4.12% in 2020.

From the forecasted data, poultry meat production is expected to grow at a CAGR of 0.67% over the next five years, reaching 816.1 thousand metric tons by 2028. The five-year forecast growth rate is 3.4%.

Future trends to watch for:

• Increasing demand for healthy protein sources.• Impact of technological advancements in poultry farming.• Potential effect of climate change on agricultural practices.• Shifts in global trade policies affecting imports and exports.

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