The year-on-year percentage variations for animal fats production in Chile are as follows:
- 2024 to 2025: (251.1 - 248.1) / 248.1 * 100 ≈ 1.21%
- 2025 to 2026: (254.1 - 251.1) / 251.1 * 100 ≈ 1.19%
- 2026 to 2027: (257.0 - 254.1) / 254.1 * 100 ≈ 1.14%
- 2027 to 2028: (259.8 - 257.0) / 257.0 * 100 ≈ 1.09%
The average Compound Annual Growth Rate (CAGR) from 2024 to 2028 is calculated as follows: CAGR = ((259.8 / 248.1)^(1/4) - 1) * 100 ≈ 1.18%
Looking ahead, key trends to monitor include potential increases in demand due to dietary changes, advancements in animal fat processing technology, and regulatory changes that could impact production and distribution in the sector.
