The fluid milk supply in Argentina is forecasted to grow steadily from 2024 to 2028. Starting at 11.67 million metric tons in 2024, it is expected to increase to 11.73 million metric tons in 2025, 11.8 million metric tons in 2026, 11.86 million metric tons in 2027, and finally reaching 11.92 million metric tons in 2028.
Considering the fluid milk supply stood at 11.60 million metric tons in 2023, the year-on-year variations are:
- From 2023 to 2024: +0.6%
- From 2024 to 2025: +0.5%
- From 2025 to 2026: +0.6%
- From 2026 to 2027: +0.5%
- From 2027 to 2028: +0.5%
The Compound Annual Growth Rate (CAGR) over the next five years (2024-2028) averages at approximately 0.54% per year.
Future trends to watch for include technological advancements in dairy farming, policy changes affecting agriculture, climate variability impacting milk production, and shifts in consumer demand towards plant-based alternatives which could influence the overall fluid milk supply and market dynamics in Argentina.
