The import of acyclic alcohols and their derivatives to Argentina has shown fluctuating trends over the past decade. In 2023, the import stood at 155.37 million USD. Between 2013 and 2016, the import volume significantly dropped, followed by a recovery phase reaching its lowest in 2016 at 115.34 million USD and a subsequent increase until 2023. The year-on-year variation in 2023 was 0.76%. The last five-year CAGR up to 2023 was 0.72%.
The forecast period from 2024 to 2028 anticipates a moderate growth rate with a five-year CAGR of 0.61%, translating to an overall growth rate of 3.09% by 2028.
Future trends to watch for include:
- Shifts in global trade policies affecting import tariffs.
- Changes in local industrial demand and production capabilities.
- Exchange rate fluctuations impacting import costs.
- Advances in production technologies and substitutes in local markets.
