The cassava market in Argentina has shown a steady growth trend over the past decade. From 2014 to 2023, market size increased from 79.0 to 83.0 thousand metric tons, marking an annual average growth rate (CAGR) of 0.24%. Notable variations include a decline of 5% in 2020 followed by a significant recovery of 6.55% in 2021. The market remained steady from 2022 to 2023 with no year-on-year growth.
Future projections indicate a constant increase, reaching 84.23 thousand metric tons by 2028 with a forecasted 5-year CAGR of 0.22%. Trends suggest a stabilization in growth, emphasizing its resilience in the market.
Future trends to watch for:
- Impact of climate change on cassava yield
- Technological advancements in agriculture
- Shifts in domestic demand and export opportunities
- Government policies on agriculture and trade
