The coffee market volume in Argentina has seen significant fluctuations from 2014 to 2024, starting at 32.0 thousand metric tons in 2014 and reaching 38.0 thousand metric tons in 2023. Year-on-year changes have varied, with a notable 15.63% increase in 2015 and a steep decline of 16.22% in 2016. Recent years have shown more stability, with a moderate 2.7% increase in 2023. The past five years exhibit a CAGR of 1.09%, reflecting steady growth. Looking ahead, the forecast predicts a stable growth path with a 0.7% CAGR, reaching an estimated 39.53 thousand metric tons by 2028, showing a 3.56% growth from 2023 to 2028.
Future Trends to Watch For:
- Potential impacts of global coffee supply chain disruptions on the Argentinian market.
- Influence of consumer preferences shifting towards specialty and sustainable coffee varieties.
- The effect of economic conditions and purchasing power parity on coffee consumption.
