The land area equipped for irrigation in Argentina exhibited a consistent increasing trend from 2013 to 2023. The figure stood at 2.33 Units of Agricultural Land in 2023, displaying a 1.75% year-on-year growth compared to 2022. The compound annual growth rate (CAGR) over the last five years was 1.43%. The largest annual increase occurred between 2013 and 2014 at 2.08%, and the smallest was from 2019 to 2020, at 0%. Looking forward, forecasted data suggest a continued, albeit moderated, increase up to 2028, with a five-year CAGR of 1.16% and an overall growth rate of 5.93% over the period.
Future trends to watch for:
As Argentina progresses into the next phase of agricultural development, closely monitor advancements in irrigation technology, government policies fostering agricultural infrastructure improvement, and climatic variations impacting irrigation needs. Additionally, watch for shifts in crop patterns and the adoption of sustainable irrigation practices, which could influence the expansion rate of irrigated land.
