In 2023, Chile's olive oil export stood at 17.5 thousand metric tons. The forecast for 2024 and 2025 indicates stability at 18.0 thousand metric tons, followed by a slight rise to 19.0 thousand metric tons in 2027 and 2028. Year-on-year variations for 2024, 2025, and 2026 are 2.86%, showing no change compared to prior years, while the years 2027 and 2028 show a 5.56% increase. Over the past five years, Chile's olive oil exporting sector exhibits a moderate average growth rate (CAGR) of around 2.09%.
Future trends to watch for include potential impacts of climate change on olive yield, shifts in global demand, especially from emerging markets, and the influence of international trade policies. These factors could have significant effects on future export volumes.
