Argentina Construction Industry Report 2023: Market is Set to Decline by 2.2% in Real Terms in 2023 Following an Annual Growth of 3.2% in 2022 - Forecasts to 2027


Dublin, Oct. 09, 2023 (GLOBE NEWSWIRE) -- The "Argentina Construction Market Size, Trend Analysis by Sector (Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential) and Forecast, 2023-2027" report has been added to ResearchAndMarkets.com's offering.

Following annual growth of 3.2% in 2022, Argentina's construction industry is set to decline by 2.2% in real terms in 2023, owing to weak peso, rising construction costs and interest rates.

The estimated decline in the construction sector is also attributed to a decline in the total area authorized for building permits by 176 municipalities that fell by 1.3% in the first three months of 2023, preceded by an annual decline of 9.3% in 2022, according to the National Institute of Statistics and Census of Argentina (INDEC).

The construction industry is projected to recover and expand at an annual average rate of 3.1% between 2024 and 2027, supported by energy, rail infrastructure, and residential investment. In June 2023, National Development and Reform Commission reported that China and Argentina signed a cooperation plan for jointly promoting the construction of the Belt and Road Initiative.

This initiative involves Chinese investments worth ARS5.9 trillion ($23 billion) on areas including energy, infrastructure, finance, culture, economy and trade in the country.

Scope

  • Historical (2018-2022) and forecast (2023-2027) valuations of the construction industry in Argentina, featuring details of key growth drivers.
  • Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
  • Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
  • Listings of major projects, in addition to details of leading contractors and consultants

Reasons to Buy

  • Identify and evaluate market opportunities using the publisher's standardized valuation and forecasting methodologies.
  • Assess market growth potential at a micro-level with over 600 time-series data forecasts.
  • Understand the latest industry and market trends.
  • Formulate and validate strategy using the publisher's critical and actionable insight.
  • Assess business risks, including cost, regulatory and competitive pressures.
  • Evaluate competitive risk and success factors.

Key Topics Covered:

1 Executive Summary

2 Construction Industry: At-a-Glance

3 Context
3.1 Economic Performance
3.2 Political Environment and Policy
3.3 Demographics
3.4 Risk Profile

4 Construction Outlook
4.1 All Construction

  • Outlook
  • Latest news and developments
  • Construction Projects Momentum Index

4.2 Commercial Construction

  • Outlook
  • Project analytics
  • Latest news and developments

4.3 Industrial Construction

  • Outlook
  • Project analytics
  • Latest news and developments

4.4 Infrastructure Construction

  • Outlook
  • Project analytics
  • Latest news and developments

4.5 Energy and Utilities Construction

  • Outlook
  • Project analytics
  • Latest news and developments

4.6 Institutional Construction

  • Outlook
  • Project analytics
  • Latest news and developments

4.7 Residential Construction

  • Outlook
  • Project analytics
  • Latest news and developments

5 Key Industry Participants
5.1 Contractors
5.2 Consultants

6 Construction Market Data

7 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/wumuxa

Source: GlobalData

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