Forecast: Wine Production in Argentina

In 2023, Argentina's wine production stood at 1.337 million metric tons. The forecasted values for the upcoming years show a gradual decline. Specifically, the values are 1.3344 million metric tons in 2024, 1.3319 million metric tons in 2025, 1.3294 million metric tons in 2026, 1.327 million metric tons in 2027, and 1.3246 million metric tons in 2028.

Year-on-year variations indicate:

  • 2024: -0.19%
  • 2025: -0.19%
  • 2026: -0.19%
  • 2027: -0.18%
  • 2028: -0.18%
The Compound Annual Growth Rate (CAGR) over the 5-year period is projected to be approximately -0.19% per year.

The trend shows a consistent, albeit slight, decline in wine production. Future trends to watch for include the impact of climate change on vineyard yields, potential technological advancements in viticulture, and changes in global wine demand which could influence production strategies in Argentina.

Top Countries about Wine