The garlic yield in Argentina has exhibited a slight but consistent decline over the past decade. The yield decreased from 95.59 thousand hectograms per hectare in 2013 to 93.56 thousand hectograms per hectare in 2023. Notably, a significant drop occurred in 2020, with a sharp year-on-year decrease of 4.91%. While there was a recovery in 2021, the yield has since remained relatively stable but slightly declining.
From 2022 to 2023, the year-on-year variation is minimal, with a decline of 0.019%. The compound annual growth rate (CAGR) over the last five years up to 2023 is -0.038%, indicating a trend of diminishing yields.
Forecasts for 2024 to 2028 suggest a continued, though modest, decline in garlic yield with an expected average annual reduction rate of 0.02%. By 2028, the garlic yield is projected to stand at 93.46 thousand hectograms per hectare.
- Yield in 2023 stands at 93.56 thousand hectograms per hectare
- Year-on-year variation for 2022-2023 is -0.019%
- 5-year CAGR up to 2023 is -0.038%
- Forecasted 5-year CAGR from 2024 is -0.02%
Future trends to watch for include advancements in agricultural techniques, potential impacts of climate change, and market demand shifts. Efficient resource management and technological interventions could potentially mitigate the projected decline in garlic yield in Argentina.
