Based on historical data, the demand for nuts in Argentina has shown moderate growth. In 2023, the market stood at 19.0 Thousand Metric Tons with no year-on-year growth from 2022. This demand has grown from 15.0 Thousand Metric Tons in 2014, representing a compounded annual growth rate (CAGR) of 1.09% over the last decade. From 2019 to 2023, this CAGR was consistent at 1.09%, reflecting stable demand.

Looking ahead from 2024 to 2028, the forecasted CAGR is slightly lower at 0.87%, suggesting a gradual demand increase to 20.15 Thousand Metric Tons by 2028. This period is expected to experience a total growth rate of 4.4% over five years.

Future Trends to Watch:

Increasing consumer health consciousness could drive higher demand for nuts as healthy snacks.
Sustainability practices and organic farming trends may influence market dynamics.
Economic stability and disposable income levels in Argentina will play a crucial role in demand fluctuations.