Chile's forecasted primary fibre crops production shows a declining trend from 2024 to 2028. Production is expected to decrease from 16.91 thousand metric tons in 2024 to 16.44 thousand metric tons in 2028. This represents a year-on-year decline of -0.71% from 2024 to 2025, -0.72% from 2025 to 2026, -0.72% from 2026 to 2027, and -0.66% from 2027 to 2028. The compound annual growth rate (CAGR) over these five years is -0.74%.
Future trends to watch for include potential technological advancements in agricultural practices, shifts in global fibre crop demand, and climate change impacts that could further influence the decline or potentially stabilize production levels. Market dynamics and policies promoting sustainability and innovation will also play pivotal roles in shaping the sector.
