The import of prepared additives for cements, mortars, or concretes to Argentina stood at 6.5184 million kilograms in 2023, showing a year-on-year variation of 4.35%. The value has been quite volatile over the years, with significant fluctuations observed. Analyzing trends over the last two years, there was a year-on-year increase of 10.15% in 2022 and 4.35% in 2023. Observing the period from 2018 to 2023, the compound annual growth rate (CAGR) averaged at 3.11%, with the import showing a cumulative growth rate of 16.55% over the same period.
Future trends to watch for include:
• The stabilization of year-on-year growth, as indicated by the predicted CAGR of 3.11% for the next five years.
• Potential impact of global economic conditions on the construction sector, which could affect import volumes.
• Technological advancements in construction chemicals that might alter the demand ratio.
