Fish farming production in Chile exhibited a general upward trend from 2013 to 2023, with notable annual fluctuations. The production volume stood at 1.592 million metric tons in 2023. Over the last two years, fish farming production saw a combined growth of roughly 10%, primarily driven by strong performances in 2022 and 2023. The Compound Annual Growth Rate (CAGR) over the past five years was approximately 4.34%. Projections suggest a CAGR of 2.67% from 2024 to 2028, with an estimated growth rate of 14.06% over this period.
Future trends to watch for include:
- Continued investment in sustainable farming practices.
- Technological advancements in feed and disease management.
- Changing global demand dynamics influenced by health trends and supply constraints.
