In 2023, Peru's exports of chemicals and chemical products to Argentina stood at 12.155 million USD. Forecasted data suggests a slight downtrend over the next five years. By 2024, it is expected to be 12.097 million USD, representing a year-on-year decrease of approximately 0.48%. A continual decrease is predicted, with 2025 at 12.028 million USD (0.57% drop from 2024), 2026 at 11.96 million USD (0.57% drop from 2025), 2027 at 11.894 million USD (0.55% drop from 2026), and 2028 at 11.829 million USD (0.55% drop from 2027). The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is found to be roughly -0.55%.
Future trends to watch for include market demand dynamics in Argentina's chemical sectors, potential trade policy changes between Peru and Argentina, and fluctuations in global chemical product prices and volumes. Monitoring these aspects will be crucial in refining export forecasts and strategies.
