The tomatoes market size in Chile for 2023 stood at 153.0 thousand metric tons. Over the past decade, the market exhibited significant fluctuations, starting with a notable decrease of 34.59% from 2014 to 2015. Following this dramatic drop, the market experienced variability, including a notable recovery in 2017 with a 20.54% increase and a peak performance in 2018 with an increase of 27.41%. However, the market started to decline again post-2018.
In the last two years (2022 to 2023), there was a slight decrease of 0.65% each year. The average annual change (CAGR) over the last five years was a decline of 2.31%.
Looking forward, the forecasted CAGR for the next five years (2023 to 2028) predicts a further decline of 0.48% per year, suggesting a continued downward trend in market volume, culminating in an expected volume of 148.5 thousand metric tons by 2028.
Future trends to watch for include potential impacts of climate change on yield, advancements in agricultural technology, shifts in consumer preferences, and trade policies affecting import and export dynamics. Monitoring these factors will be crucial for anticipating further changes in the tomatoes market in Chile.
