Forecast: Corn Domestic Consumption in Argentina

Based on the forecasted data, corn domestic consumption in Argentina is expected to grow steadily from 2024 to 2028. The consumption value in 2023 stood at 13.98 Million Metric Tons, indicating a consistent annual growth. The year-on-year variations from 2024 to 2025, 2025 to 2026, 2026 to 2027, and 2027 to 2028 suggest a moderate growth rate each year, with percentages being close to each other. The Compound Annual Growth Rate (CAGR) over the five-year period demonstrates a gradual increase in consumption.

Future trends to watch for include:

  • Crop yield improvements and advances in agricultural technology that might impact production levels.
  • Potential changes in domestic policies and international trade agreements affecting supply and demand balances.
  • Economic factors such as inflation or interest rates influencing consumption patterns and agricultural investments.
  • Adoption of sustainable practices and their potential effects on production costs and crop output.

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