In 2023, poultry meat production in Chile stood at 810.86 thousand metric tons. The data shows a steady upward trend, with minor fluctuations, in production volumes from 2013 to 2023. From 2021 to 2023, production grew consistently, with year-on-year variations of 1.55%, 1.49%, and 1.42% respectively. The compound annual growth rate (CAGR) over the last five years leading to 2023 has averaged 1.15%.
Forecasts predict continued growth in poultry meat production, reaching an estimated 862.6 thousand metric tons by 2028. The 5-year forecasted CAGR is 0.97%, indicating a slight deceleration in the growth rate when compared to previous years, yet still maintaining an overall positive trend. The total growth rate over this period is projected to be approximately 4.96%.
Future trends to watch for include technological advancements in poultry farming, shifts in domestic and international demand, and potential regulatory changes impacting production practices. Monitoring these factors will be crucial for understanding and adapting to the evolving market dynamics.
