The export volume of Alcoholic Beverages in Argentina shows a fluctuating trend from 2014 to 2023, with a peak in 2015 (365.0 Thousand Metric Tons) and a significant drop in 2020 (268.92 Thousand Metric Tons) due to external factors. Since 2020, there’s been a recovery, albeit with slight year-on-year decreases into the forecast period up to 2023. The Compound Annual Growth Rate (CAGR) from 2019 to 2023 indicates a marginal growth of 0.13%, despite a notable dip in 2020 (-5.93%). The forecast from 2024 to 2028 suggests a continuous, albeit slow, decline, with a forecasted 5-year CAGR of -0.33% and a total decrease of -1.64% by 2028.
Future trends may include diversification of export markets, innovation in product offerings, and increased sustainability practices, potentially impacting export volumes positively despite current forecasts indicating a gradual decline.