In 2023, the beef and veal meat supply in Chile stood at 548.4 thousand metric tons (Carcass Weight Equivalent). The forecast data from 2024 to 2028 indicates a steady growth, with supply expected to increase from 553.0 thousand metric tons in 2024 to 570.0 thousand metric tons in 2028. Year-on-year variations are: 2024 (+0.84%), 2025 (+0.9%), 2026 (+0.72%), 2027 (+0.71%), and 2028 (+0.71%). The Compound Annual Growth Rate (CAGR) over the five-year period is approximately 0.77%.
Key future trends to watch include potential impacts of climate change on livestock farming, shifts in local consumer preferences towards plant-based alternatives, and trade dynamics influencing meat export and import policies in Chile.