The forecasted import of building bricks to Argentina shows a declining trend from 2024 to 2028. The import value in 2023 stood at 19 million kilograms. Based on the provided forecast, imports are expected to decrease year by year. Specifically, the import volume is projected to drop from 17.43 million kilograms in 2024 to 12.797 million kilograms in 2028.
Year-on-year percentage variations are:
- 2025: -6.86%
- 2026: -7.21%
- 2027: -7.62%
- 2028: -8.08%
The compounded annual growth rate (CAGR) over the five-year period from 2024 to 2028 indicates an average annual decrease of 6.6% in imports.
Future trends to watch for include macroeconomic conditions in Argentina that could influence construction activity, potential shifts in trade policies or tariffs, and advancements in local brick production capability which may further reduce the need for imports.
