The vegetables market in Argentina stood at 3.17 million metric tons in 2023. From 2014 to 2023, the market demonstrated fluctuating trends with a generally slow but steady increase. The year-on-year variation over the last two years was moderate, standing at 0.41% in 2023. Market size showed a Compound Annual Growth Rate (CAGR) of 0.47% over the last five years, suggesting a gradual but sustained growth.
Looking forward, the market is expected to continue this sluggish upward trend. The forecasted growth rate over the next five years is 1.76%, with a projected CAGR of 0.35%, indicating a steady albeit modest increase in market volume. Key factors influencing this growth include consumer preferences, economic conditions, and agricultural advancements.
