In 2023, the import of dried fruits to Argentina stood at 1,630.7 thousand US dollars. Between 2013 and 2023, the market witnessed significant fluctuations. Notable increases in imports occurred in 2014 and 2017, while steep declines were recorded in 2013 and 2018. More recently, from 2022 to 2023, imports grew marginally by 0.24%, continuing a stable phase that started in 2021. The Compound Annual Growth Rate (CAGR) over the last five years is calculated to be 3.89%, reflecting moderate growth.
Looking ahead, forecasts suggest minor annual growth, with a forecasted CAGR of 0.2% from 2023 to 2028. By 2028, imports are expected to reach approximately 1,651.5 thousand US dollars, indicating a steady but slow upward trend.
Future trends to watch for:
- Potential impact of new trade policies and regulations on import costs and volumes.
- Changes in consumer preferences for dried fruit, including health trends influencing demand.
- Fluctuations in global dried fruit production and supply chains affecting import availability and price stability.
- Economic factors within Argentina, such as currency stability and inflation, influencing purchasing power and import feasibility.
