Wheat exports in Argentina are expected to see steady growth from 2024 to 2028. The export values show a modest year-on-year increase, with wheat exports projected to rise from 10.16 million metric tons in 2024 to 10.25 million metric tons in 2028. Compared to the actual figures of 2023, this upward trend indicates positive growth in the sector.
Key figures:- 2024: 10.16 million metric tons- 2025: 10.18 million metric tons (+0.2% YoY)- 2026: 10.20 million metric tons (+0.2% YoY)- 2027: 10.23 million metric tons (+0.3% YoY)- 2028: 10.25 million metric tons (+0.2% YoY)
On average, the Compound Annual Growth Rate (CAGR) for the forecasted period is approximately 0.2%, reflecting a stable yet incremental increase.
Future trends to watch for:- Potential impact of climate change on wheat production- Changes in global wheat demand, especially from key importers- Developments in agricultural technology and farming practices- Policy changes affecting trade and export regulations
