In 2023, Argentina's liquefied natural gas (LNG) imports stood at 2.32 billion cubic meters. The forecasted data from 2024 to 2028 shows a consistent increase year-over-year. The LNG import value is expected to rise from 2.37 billion cubic meters in 2024 to 2.53 billion cubic meters by 2028.
Year-on-year variations exhibit the following percentage increases:
• 2024: 2.16%
• 2025: 1.69%
• 2026: 2.07%
• 2027: 1.63%
• 2028: 1.20%
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately 2.15%.
Future trends to watch for include potential shifts in energy policy, advancements in local gas production, and the impact of global market fluctuations, which could influence Argentina's LNG import levels.