The import of plastic bathroom wares to Argentina showed varying trends from 2013 to 2023. The value of imports started at $5.49 million in 2013 and gradually increased to $12.491 million by 2023. Despite some fluctuations, the overall trend has been upward. Year-on-year variation peaked in 2017 at 32.14%, with significant increases also in 2021 at 19.7%. The most substantial decline was observed in 2020 with a decrease of 12.93%. The average Compound Annual Growth Rate (CAGR) over the last five years leading to 2023 was 3.61%. The imports stood at $12.491 million in 2023.
The forecast for the coming years indicates a continued increase, with a forecasted value of $14.985 million by 2028, translating to a 5-year growth rate of 15.43% and a forecasted CAGR of 2.91%.
Future trends to watch for include economic stability and changes in trade policies which could influence import patterns. Additionally, the demand for more eco-friendly products may affect the nature of plastic bathroom wares being imported.
