The demand for cassava in Argentina has exhibited varied trends over the past decade, with a significant drop in 2020 (-4.53%). By 2023, the demand stood at 205.0 thousand metric tons, showing a zero percent year-on-year change from 2022. Over the last five years, the compound annual growth rate (CAGR) was 0.39%. From 2014 to 2019, growth was generally stable except for some fluctuations, notably in 2017 and 2018. Future forecasts predict a modest growth, with the demand expected to reach approximately 209.33 thousand metric tons by 2028, indicating a forecasted 5-year CAGR of 0.31% and an overall growth rate of 1.57%.
Future trends to watch for include:
- Sustainable agriculture practices impacting cassava production.
- Market dynamics due to potential changes in export policies.
- Technological advancements in crop yield and processing efficiencies.
