The forecast for the olive oil market size volume per capita in Chile from 2024 to 2028 shows a clear downward trend. Starting at 0.26 kilograms per capita in 2024, the value is projected to decrease gradually each year, reaching 0.21 kilograms per capita by 2028. In 2023, the actual value stood at 0.27 kilograms per capita. Year-on-year variations indicate a consistent decline, with the most notable reductions occurring between 2024 and 2026. The last two years observe an average yearly variation of approximately -7.41%, while the CAGR over the five-year period signals a steady decrease averaging -5.04% annually.
Future trends to watch for include consumer behavior shifts towards healthier oils, potential impacts of economic fluctuations on purchasing power, and the influence of global olive oil market dynamics. Monitoring these factors will be crucial for understanding the ongoing decline and identifying possible interventions to stabilize or reverse the trend.
