Forecast: Table Grapes Production in Chile

Chile's table grape production has been experiencing a declining trend over the recent years. In 2023, the volume stood at approximately 0.700 million metric tons, down from 1.055 million metric tons in 2013. The annual growth rates have shown significant fluctuations, with 2020 exhibiting the sharpest decline of 15.28%. Despite a brief rebound in 2021 with a growth of 19.32%, the overall trend has been downward.

Variations over the past two years indicate a decline, with 2022 dropping by 8.61% and 2023 dropping by 3.35%. The compound annual growth rate (CAGR) over the last five years has been -3.44%, indicating a consistent descent in production volumes.

Future trends to watch for include continued declines in output, with a forecasted 5-year CAGR of -3.05% leading to a projected output of 0.579 million metric tons by 2028. Attention should be given to climatic factors, shifts in global demand, and advancements in agricultural technologies impacting future production capacities.

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