Forecast: Barley Beer Production in Chile

The barley beer production in Chile has seen a general upward trend from 620 thousand metric tons in 2013 to 989.95 thousand metric tons in 2023, representing a steady growth over the years. The production in 2023 stood at 989.95 thousand metric tons. For the last two years leading up to 2023, the growth rates were 2.61% for 2022 and 2.49% for 2023, indicating a consistent rise, although at a slightly declining pace. The average compound annual growth rate (CAGR) over the last five years up to 2023 was 2.69%, showing moderate but stable growth.

Future trends to watch for include:

  • Forecasted production continues to rise, reaching 1115.8 thousand metric tons by 2028.
  • The forecasted 5-year CAGR from 2024 to 2028 is expected to be 1.88%, suggesting a slower growth rate compared to the previous period.
  • The overall production is projected to increase by 9.78% over the next five years, highlighting a sustained but decelerating growth trend.

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