The import of iron or steel tableware and kitchenware to Argentina displayed a general upward trend over the last decade. Imports, valued at $23.783 million in 2023, rose consistently from $14.107 million in 2013. Significant growth periods included 2016-2018, with a peak in 2021, achieving 23.69% year-on-year growth. Recent years have shown steadier figures, with growth rates slightly diminishing in magnitude but positive nonetheless. The forecast from 2024-2028 predicts stable growth, albeit at a reduced CAGR of 1.84%, indicating moderate expansion.
Key future trends to watch include:
- Trade policy changes affecting import costs and regulatory compliance
- Global steel price fluctuations and their impact on product prices
- Shifts in consumer demand with potential moves towards sustainable materials
- Regional economic health influencing overall purchasing power