Chile's pork production at the farm gate in 2023 stood at $1.40 billion US dollars. From 2024 onwards, a steady annual growth is forecasted, increasing to $1.43 billion in 2024, $1.46 billion in 2025, and reaching $1.54 billion by 2028. The year-on-year growth rates from 2024 to 2028 are approximately 2.1%, 2.1%, 2%, and 1.3% respectively. The cumulative average growth rate (CAGR) over this five-year period is expected to be around 2% per annum.
Future trends to watch for include the impacts of international trade policies, changing consumer preferences toward animal proteins, and potential advances in farming technologies that could affect pork production efficiencies and outputs in Chile.
