Argentina's import of knotted carpets and floor coverings stood at $93.04 thousand USD in 2023. Based on forecasts, the imports are expected to decrease over the next five years. Specifically, the value is projected to be $90.25 thousand USD in 2024, $87.59 thousand USD in 2025, $84.98 thousand USD in 2026, $82.42 thousand USD in 2027, and $79.91 thousand USD in 2028.
Year-on-year variations in percentages indicate a consistent decline in import value:
- From 2024 to 2025: -2.95%
From 2025 to 2026: -2.98%
From 2026 to 2027: -3.02%
From 2027 to 2028: -3.05%
The compound annual growth rate (CAGR) over this five-year period is -2.97% annually.
Future trends to watch for include potential changes in trade policies, shifts in consumer preferences towards locally made or alternative flooring solutions, and economic factors influencing purchasing power and import capacities. Monitoring these factors may help anticipate further variations in the import values.
