Container port traffic in Argentina has shown fluctuations over the past decade, moving from 2.1769 million TEUs in 2013 to 1.8226 million TEUs in 2023. The lowest point was in 2016 with a value of 1.7133 million TEUs, while the highest point was seen in 2018 with 2.1846 million TEUs. Year-on-year variations reveal a volatile trend, with significant drops in years such as 2014 and 2019, and notable increases in 2013 and 2018. The compounded annual growth rate (CAGR) over the last five years stands at -3.56% as of 2023.
Future trends indicate a steady but modest growth pattern with forecasted year-on-year increases ranging from 0.65% in 2023 to 2.47% by 2028. The forecasted CAGR for the coming five years is 0.49%, suggesting a period of stabilization, albeit with cautious optimism.
Trends to watch for include:
- Potential macroeconomic impacts and government policies on trade.
- Technological advancements in port operations.
- Global trade dynamics and shifts in trade routes.
- Environmental regulations affecting port operations.