Chile's wine export volume has exhibited varying trends over the past decade. In 2014, exports stood at 801 thousand metric tons, increasing steadily until peaking at 941 thousand metric tons in 2017. A notable decline occurred in 2018 and 2020. In 2023, the volume reached 896 thousand metric tons, marking a 0.45% year-on-year increase. The compound annual growth rate (CAGR) over the past five years has averaged 1.16%, suggesting moderate growth.
Future growth is forecasted to continue modestly, with projections indicating the volume will reach 917.39 thousand metric tons by 2028, representing an estimated 0.37% CAGR. Analysts should monitor:
- Global wine consumption trends
- Impact of climate change on wine production
- Trade policies and international relations affecting exports
- Innovations in wine production and marketing
These factors will be critical in shaping Chile's wine export landscape.
