Forecast: Energy Consumption in Agriculture in Chile

In 2023, the energy consumption in agriculture in Chile was 2.51% of the total energy consumption. The forecasted data for the years 2024 to 2028 shows a gradual increase. In 2024, it is projected to reach 2.54%, followed by incremental rises to 2.58% in 2025, 2.61% in 2026, 2.65% in 2027, and 2.68% in 2028.

Year-on-year variations over the period indicate consistent growth:

• From 2023 to 2024: 1.20%
• From 2024 to 2025: 1.57%
• From 2025 to 2026: 1.16%
• From 2026 to 2027: 1.53%
• From 2027 to 2028: 1.13%

The compound annual growth rate (CAGR) from 2023 to 2028 is approximately 1.32%, reflecting a steady increase in energy consumption within the agricultural sector over these years.

Future Trends to Watch:

• The adoption of sustainable and energy-efficient farming practices could alter this trend, potentially reducing the rate of increase in energy consumption.
• Innovations in agricultural technology and renewable energy sources are expected to play a significant role, possibly leading to a shift towards cleaner energy consumption patterns.