The area under organic agriculture in Argentina has shown a fluctuating trend over the years from 2013 to 2023. Initially declining from 3.22 million hectares in 2013 to 2.84 million hectares in 2016, it then experienced a steady increase, reaching 4.31 million hectares in 2023. Notable year-on-year variations include a significant increase of 21.18% in 2020, followed by minor fluctuations leading up to 2023 with a CAGR of 3.55% over the last five years.
Looking ahead, the forecast for the agricultural area under organic agriculture indicates continued growth, projecting it to reach 4.86 million hectares by 2028. The projected 5-year CAGR is 1.92%, resulting in an overall anticipated growth of 9.99% over the forecasted period.
Future trends to watch for include:
- Potential regulatory changes favoring organic agriculture
- Impact of global market demand for organic products
- Advancements in sustainable farming technologies
- Increased consumer awareness and preference for organic produce