The import of Disperse Dyes and Preparations Based Thereon to Argentina has shown a fluctuating trend from 2013 to 2023. Starting from a value of 4.537 million USD in 2013, imports peaked at 9.9029 million USD in 2015 before declining sharply to 6.4817 million USD in 2016 and oscillating around 5 to 6 million USD in subsequent years. The gradual increase in imports observed from 2020 at 4.8883 million USD to 2023 at 6.0814 million USD indicates a recovering trend post-2020. Overall, the YoY variation shows significant fluctuations, with particularly notable declines in 2016 (-34.55%) and 2020 (-16.05%). The CAGR for the period between 2013 and 2023 is 3.02%.
Future trends point towards a steady but modest growth in imports, with forecasted values increasing progressively to 6.3912 million USD by 2028. The forecasted 5-year CAGR is 0.84%, reflecting a stable but relatively slow growth rate. This aligns with an overall forecasted 5-year growth rate of 4.28% from 2024 to 2028.
Future Trends to Watch:
- Increasing demand for textiles and apparel in Argentina may drive import growth.
- Changes in global trade policies and tariffs could impact import costs and volumes.
- Technological advancements in disperse dye production may influence cost structures and import volumes.
- Evolving environmental regulations could affect the supply chain and import dynamics.