In 2023, the import of photosensitive, photovoltaic, and LED semiconductor devices to Argentina stood at a considerable value. From 2024, the forecasted data shows a consistent upward trend. The anticipated value for 2024 is 34.946 million USD, increasing by approximately 4.3% in 2025, 4.0% in 2026, 3.8% in 2027, and 3.6% in 2028.

The Compound Annual Growth Rate (CAGR) over the forecasted five-year period from 2024 to 2028 highlights an average annual growth rate of around 3.9%, indicating a stable yet progressive incline in imports.

Future trends to watch for:

Technological advancements in semiconductor devices, potentially driving higher demand.
Global supply chain dynamics, particularly the availability and pricing of semiconductor components.
Government policies and incentives in Argentina aimed at renewable energy adoption and technology upgrades.
Economic factors such as exchange rates and inflation, which could impact import costs and volumes.