The export of plastic containers, bobbins, and packages from Argentina has demonstrated a clear declining trend from 2013 to 2023. In 2023, exports were recorded at 84.878 Million US Dollars, continuing the negative trajectory. Year-on-year variations show significant fluctuations, with a notable downturn of 20.38% in 2016, followed by smaller decreases and occasional modest recoveries. The most recent data indicate a year-on-year decline of 2.24% for 2023. Over the last two years, the average change has been -3.19%, and the five-year CAGR stands at -2.24%, indicating a persistent downward trend.
Looking forward, the forecast from 2024 to 2028 anticipates a continued decline in exports, primarily characterized by a negative 5-year CAGR of -2.02%. By 2028, the forecast projects exports to reduce further to 74.837 Million US Dollars, reflecting a 9.69% aggregate decline over the five-year period.
Future trends to watch for:
- Global demand shifts for plastic containers and increased environmental regulations.
- Potential technological advancements in alternative packaging materials.
- Changes in Argentina's economic policies affecting export competitiveness.
- Market dynamics within major importers of Argentine plastic containers.
