Over the past decade, Argentina's import of prefabricated buildings has shown a mix of growth and contraction. In 2013, imports stood at 2.7348 million kilograms and have generally trended upward. By 2023, imports reached 6.3253 million kilograms. Key growth phases include a significant rise from 2013 to 2017, with a notable year-on-year increase of 18.83% in 2017. However, there were downturns in 2018 and 2020, with a -2.13% and -15.3% year-on-year decrease, respectively. The most recent data for 2023 indicates a modest growth of 1.82%.
Over the last five years, the compound annual growth rate (CAGR) has been 1.83%, while the forecasted CAGR for the next five years is slightly lower at 1.42%, projecting a steady but slow growth trend. By 2028, the import volume is expected to reach 6.8971 million kilograms, reflecting an overall 7.3% growth from 2023 levels.
Future trends to watch for include potential impacts of economic policies, construction industry growth, and technological advancements in prefabricated building methods. These factors could influence both the demand and the import volumes of prefabricated buildings in Argentina.
