The import of dried apricots to Argentina stood at 99.97 thousand kilograms in 2023. Over the past two years, the import volume has seen a steady increase with a year-on-year growth of 1.87% from 2022 to 2023. The last five years (2019-2023) showed an average annual growth rate of 8.33% CAGR, indicating a positive trend in import volume. Historical data reveals significant fluctuations, with notable spikes in 2016 and 2017 followed by a sharp decline in 2018.
For the upcoming years, the forecast indicates continued growth, albeit at a moderate pace with an average annual growth rate of 1.44% CAGR predicted over the next five years (2024-2028), culminating in a forecasted growth of 7.43% over this period.
Future trends to watch for:
- Possible stabilization or further fluctuations in global apricot prices.
- Impact of local agricultural policies on trade.
- Shifts in consumer preferences towards dried fruits.
- Economic conditions and currency fluctuations affecting import capacity.
