Understanding the changes in early growth efficiency (GE, growth/leaf area) may improve forest production through the selection of appropriate genotypes at early stages. We investigated different early growth responses of genotypes of Eucalyptus globulus (7), E. nitens (3), and E. nitens × E globulus (E. gloni) (7) in south-central Chile. To evaluate seasonal growth, plants of each genotype were established in a completely randomized block design in coarse sandy soil (i.e., low water holding capacity), with spring and summer irrigation. The current monthly increment (CMI) in wood volume (cm 3 tree −1 month −1 ), and leaf area index (LAI, m 2 m −2 ) were used to calculate GE at 4.1, 7.5, 10.4, 13.4, and 15.4 months of age, corresponding to five growing seasons (first summer, fall, winter, spring, and second summer). The interaction between genotype and season had a significant effect (p < 0.001) on LAI and GE, but not on CMI. In general, CMI values declined in winter, but increased greatly in the second summer. LAI values were stable during the first three seasons, increased in spring, and peaked in the second summer. During all seasons, a significant (p < 0.001) relationship between growth and LAI was observed, with differences in model coefficients among taxa. The highest GEs were observed mainly for E. globulus, which grew with small changes in the LAI. In general, our findings showed that eucalyptus genotypes with higher annual GEs presented higher seasonal GEs, except for some E. globulus genotypes. Changes in seasonal GEs among genotypes suggest that the same environment drives a significant response in the early growth stage as a consequence of climate influences on carbon allocation among different eucalyptus genotypes.