Forecast: Lemons and Limes Production in Chile

The production of lemons and limes in Chile has experienced varied fluctuations over the past decade. From 2014 to 2023, the volume exhibited modest growth, standing at 174 thousand metric tons in 2023, with a 0.58% year-on-year increase and a CAGR of 0.47% over the past five years.

While growth was incremental through 2015 and 2016, 2017 saw a significant rise of 6.45%. The trend continued positively until 2019, which experienced a slight decline. The most notable downturn occurred in 2020 with a decline of 16.51%, followed by a substantial recovery of 21.9% in 2021. In recent years, stability has returned with moderate upward adjustments.

Going forward, forecast data from 2024 to 2028 indicate an expected steady increase in production, culminating in an anticipated volume of 180.4 thousand metric tons, with a forecasted 5-year CAGR of 0.56%, translating to a total growth of 2.85% over this period.

Future trends to watch for include potential impacts of climate change on crop yields, advancements in agricultural technology, and shifts in global demand and export markets. Monitoring these factors will be crucial in anticipating further developments in Chile's lemon and lime production.

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