Argentine sugar cane production stood at 18.18 million metric tons in 2023, reflecting a slight year-on-year decrease of 0.78%. Historical data from 2014 showed varied changes ranging from a significant drop in 2015 by 15.83% to minor fluctuations and some growth in subsequent years. The average variation per year over the last five years was -0.93% CAGR, indicating a modest declining trend.
Forecasted data from 2024 to 2028 suggest a continuing downward trajectory, with the production expected to decrease at an average rate of 0.66% CAGR over the next five years, resulting in a total decline of 3.27% by 2028.
Future trends to watch for include technological advancements in agriculture that may improve yield, climate change impacts, and shifts in global sugar demand that could influence production volumes.
