Chile's domestic consumption of milled rice is projected to increase from 273.0 thousand metric tons in 2024 to 284.0 thousand metric tons by 2028, showcasing a steady year-on-year growth. The consumption for 2023 stood at 270.0 thousand metric tons. Notably, the year-on-year increase from 2023 to 2024 is 1.1%, from 2024 to 2025 is 1.1%, from 2025 to 2026 is 0.7%, from 2026 to 2027 is 1.1%, and from 2027 to 2028 is 1.1%. Over the forecast period from 2024 to 2028, the compound annual growth rate (CAGR) is approximately 1.0%.
Future trends to watch for include potential changes in consumer preferences, shifts in agricultural policies, and market reactions to global supply chain dynamics. Additionally, monitoring the impact of technological advancements in rice cultivation and processing could provide further insights into consumption patterns.
