The import of roasted decaffeinated coffee to Argentina has seen a steady increase from 28.4 thousand kilograms in 2013 to 54.87 thousand kilograms in 2023. The yearly growth rate varied significantly, with notable spikes in 2017 (43.11%) and declines in years like 2018 (-16.93%). The compound annual growth rate (CAGR) over the past five years up to 2023 stands at 5.48%. Forecasted data from 2024 to 2028 suggests a continued upward trend, with an average annual growth rate of 2.8%, reaching 65.58 thousand kilograms by 2028, indicating an overall 14.81% growth rate over this period.
Future trends to watch for:
- Potential shifts in consumer preferences towards more health-conscious coffee options.
- Economic factors or trade policies affecting import volumes and costs.
- Advancements in local decaffeinated coffee production and the impact on import dependence.
- Global supply chain disruptions influencing availability and prices of coffee.