The import of inflatable pleasure craft to Argentina has shown significant fluctuations over the years. In 2023, the import volume stood at 168.1 thousand kilograms. The trend from 2013 to 2023 highlights both sharp declines and notable increases, with the most recent year showing a modest 2.9% year-on-year increase. Over a recent five-year period, the CAGR (Compound Annual Growth Rate) was 2.78%, indicating moderate growth.
From 2024 onwards, the forecast suggests continued growth, with a CAGR of 2.16% over the next five years. By 2028, the volume is expected to reach 192.89 thousand kilograms, marking an 11.3% increase over the period.
Future trends to watch for:
- Impact of economic conditions and currency fluctuations in Argentina.
- Changes in consumer preferences and leisure activities.
- Potential regulatory changes affecting imports.
- Advances in inflatable craft design and technology.
