The sugar cane yield in Argentina has experienced a consistent decline from 2013 through 2023, with a noted drop from 640.54 thousand hectograms per hectare in 2013 to 294.98 thousand hectograms per hectare in 2023. Year-on-year variations display a persistent negative trend, particularly with significant annual decreases such as the 16.93% drop in 2015 and continuous reductions of around 6% in recent years. Over the last five years leading to 2023, the compound annual growth rate (CAGR) stands at an average decline of 6.06%. Forecasts indicate a continuing downward trajectory with an expected yield of 192.06 thousand hectograms per hectare by 2028, resulting in a forecasted 5-year CAGR of -6.81% representing a substantial 29.74% reduction by the end of the period.
Future trends to watch for include potential impacts of climate change on agricultural productivity, technological innovations in farming practices that could enhance yield, and economic or policy interventions that may aim to stabilize or improve the sugar cane sector. Monitoring these factors will be crucial for understanding the potential shifts in this ongoing trend.
