Whole Cow Milk Cheese production in Argentina in 2023 stood at 430.65 thousand metric tons, marking a contraction by -0.77% compared to 2022. Over the past decade, production witnessed fluctuations, with a significant drop in 2017 followed by gradual but inconsistent recoveries. Year-on-year changes varied, showing slight growth in the early years, but experiencing declines particularly from 2016 onwards, hitting a notable low in 2017.
Over the past five years leading up to 2023, the Compound Annual Growth Rate (CAGR) was -0.79%, indicating a general downward trend in production. For the next five years, forecasts suggest continued decline at a CAGR of -0.66%, totaling a -3.24% drop in overall production by 2028.
Future Trends to Watch For:
- Economic conditions influencing dairy sector investments.
- Technological advancements in cheese production processes.
- Changes in domestic and international demand for cheese products.
- Environmental factors affecting cattle farming and milk production.
- Government policies impacting agricultural and dairy production.
