From 2013 to 2023, the import value of asbestos-cement and cellulose fibre-cement to Argentina showed significant fluctuations. After a decline of 16.41% in 2014, the import value rose sharply by 53.83% in 2016 and 53.18% in 2017. A notable drop of 42.01% was observed in 2018. However, the trend reversed again in subsequent years, reaching a 2.51% increase in 2023, standing at 2.469 million USD.
The Compound Annual Growth Rate (CAGR) from 2018 to 2023 was 6.26%, indicating moderate growth. The forecasted period from 2024 to 2028 projects a steady increase with a 5-year CAGR of 1.91%, reaching a forecasted value of 2.7779 million USD by 2028.
Future trends to watch include potential regulatory changes impacting asbestos-cement imports, shifts in construction industry demand, and technological advancements in alternative materials that may affect import volumes and values. It will also be crucial to monitor global market dynamics and trade policies influencing Argentina's import patterns.
