The actual bentonite production in Argentina stood at 266.81 thousand metric tons in 2023, reflecting a year-on-year increase of 1.13%. The compound annual growth rate (CAGR) over the last five years has been a modest 1.21%. From 2013 to 2023, the production of bentonite experienced fluctuations, with notable declines in 2015 and 2020, but also periods of recovery, particularly in 2021. The forecast for the next five years indicates a moderate CAGR of 0.9%, predicting a production volume of 282.45 thousand metric tons by 2028.
Future trends to watch for include:
- Technological advancements in mining and processing techniques.
- Expansion in applications for bentonite in various industries.
- Regulatory changes affecting the mining sector.
- Shifts in global supply and demand dynamics.
- Economic factors influencing investment in the sector.
