The export of polypropylene from Argentina has shown a growth trend from 2013 to 2023, with a notable increase from 19.517 million kilograms in 2013 to 113.86 million kilograms in 2023. The series witnessed fluctuations with significant year-on-year variations, particularly in 2016, where growth surged by 82.75%, and in 2020 with a decline of 13.1%. The Compound Annual Growth Rate (CAGR) over the last five years up to 2023 was 2.38%, indicating moderate growth.
For the upcoming years, forecasted data from 2024 to 2028 suggest a gradual increase, reaching 135.81 million kilograms in 2028. The forecasted 5-year CAGR is 2.82%, suggesting a stable yet moderate growth trend.
Future trends to watch for include:
- Economic and trade policies impacting Argentina’s polypropylene market.
- Global demand shifts due to advancements in alternative materials.
- Sustainability initiatives possibly affecting production and export volumes.
- Technological upgrades in production methods enhancing efficiency.
