Browse Data and Analysis

In marketing year (MY) 2023/24, Post forecasts wheat area harvested will reach 215,000 hectares (ha) and production will total 1.32 million metric tons (MMT), unchanged from MY 2022/23 as production was limited by the high costs of inputs.

The wine production area in Chile spans from the Atacama to Araucania region, with vineyards scattered up and down the regions’ valleys. Chilean area planted for wine totaled 130,086 hectares in 2021.

In February, wildfires ravaged central Chile throughout the the Maule, Biobio, Ñuble, and Araucania regions. The fires expanded quickly due to high temperatures and windy conditions, causing loss of lives, destruction of homes, and damage to basic infrastructure.

In marketing year (MY) 2022, rainfall during the winter was abundant favoring pasture production in the southern regions of Los Lagos and Los Rios. As a result, Chilean production of milk powders increased significantly in recent months, and are expected to remain high during the remainder of the marketing year.

In 2021, consumer food-services sales grew by 42.5 percent, reaching $3.5 billion. In mid-2021, pandemic restrictions began to relax, and restaurants reopened to the public. The Chilean Central Bank estimates a two percent GDP growth in 2022 and a one percent GDP decrease in 2023.