Argentina's import of tower cranes is set to increase steadily from 2024 onwards, according to the forecasted data. The volume stood at 1.99 Million Kilograms in 2023. The projected values are:
- 2024: 2.0586 Million Kilograms
- 2025: 2.1319 Million Kilograms
- 2026: 2.2038 Million Kilograms
- 2027: 2.2742 Million Kilograms
- 2028: 2.3432 Million Kilograms
The year-on-year percentage increase is as follows:
- 2024: 3.44%
- 2025: 3.56%
- 2026: 3.37%
- 2027: 3.19%
- 2028: 3.03%
The compound annual growth rate (CAGR) from 2023 to 2028 is expected to be approximately 3.32%.
Future trends to watch for include technological advancements in tower cranes, shifts in construction sector dynamics, and fluctuations in economic conditions that could impact import volumes. Monitoring changes in trade policies and tariffs will also be crucial as these could directly influence import levels.
