The eggs market in Argentina showcased robust growth from 2014 to 2023, reaching 785 thousand metric tons by 2023. Significant year-on-year gains were observed between 2015 and 2019, averaging a 7.23% CAGR, while growth moderated after 2019, with a CAGR of 1.94% over the last five years. Specifically, 2021 saw a notable recovery with a 7.39% increase, likely compensating for the pandemic-driven decline of -3.04% in 2020.
Forecast data from 2024 onwards suggest a continued upward trajectory, with the market expected to reach 860.43 thousand metric tons by 2028. The forecasted 5-year CAGR is 1.44%, indicating steady albeit slower growth compared to the previous high-growth period.
Future trends to watch for include the impact of economic policies on production costs, consumer preferences for protein sources, and potential improvements in egg farming technologies, which could influence market volumes and growth patterns.