In 2023, the import value of cranes designed for mounting on road vehicles in Argentina stood at 28.6 million US Dollars. Based on forecasted data, imports are expected to grow to 29.668 million US Dollars in 2024, representing a 3.7% year-on-year increase from 2023. The projected figures for 2025 indicate a value of 30.781 million, marking a 3.75% rise from the prior year. This trend continues in 2026 with a value of 31.871 million, a 3.54% increase from 2025, and in 2027 with 32.94 million, a 3.35% rise from 2026. By 2028, imports are forecasted to reach 33.987 million US Dollars, reflecting a 3.18% year-on-year increase from 2027.
Analyzing the average annual growth rate (CAGR) over the five-year period from 2024 to 2028, the import value of these cranes is expected to exhibit a steady and moderate growth trend of approximately 3.51% per year.
Future trends to watch for include potential changes in domestic infrastructure development, fluctuations in construction activity, and variations in currency exchange rates. Additionally, any shifts in trade policies or import regulations could significantly impact the import trajectory for these specific cranes in Argentina.
