Forecast: Import of Refrigerators and Freezers to Argentina

The import of refrigerators and freezers to Argentina has shown variability over the years, with notable peaks in 2013 and 2017. From 2013 to 2016, imports fluctuated, followed by a significant increase in 2017 and a decline in 2018. In recent years, from 2020 to 2023, a modest and steady growth has been observed, with values reaching USD 179.37 million in 2023. This represents a year-on-year growth of 0.33%. The average annual growth rate (CAGR) over the past five years stands at 1.03%.

Future trends to watch for include:

  • Modest growth continuing with forecasted values showing slow but steady increases up to 2028.
  • Economic factors in Argentina, such as inflation rates and domestic production, that could impact import volumes and values.
  • Technological advancements in refrigeration technology potentially affecting market demand.

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