Based on the forecasted data, imports of aluminium bars, rods, and profiles to Argentina are expected to grow annually. The values are:
- 2024: $31.931 million
- 2025: $32.976 million
- 2026: $34.0 million
- 2027: $35.004 million
- 2028: $35.987 million
Observing year-on-year variations:
- 2025: 3.27%
- 2026: 3.11%
- 2027: 2.95%
- 2028: 2.80%
The Compound Annual Growth Rate (CAGR) from 2023 to 2028 is approximately 3.04%.
Future Trends to Watch
The steady increase in imports indicates a growing demand for aluminium products in Argentina, potentially driven by sectors like construction and automotive. Key trends to monitor include changes in global aluminium prices, trade policies, and technological advancements in aluminium processing.