The construction industry in Argentina is expected to remain weak in 2024, growing marginally by 1% in real terms that year, owing to high construction costs and falling building permits. Moreover, the devaluation of the peso by 50% against the US dollar, from December 2023 to January 2024, and a cut in public spending are expected to affect the construction industry’s output in the short to medium term. Moreover, falling building permits will also weigh on the growth of the construction industry in the short term. According to the National Institute of Statistics and Census of Argentina (INDEC), the total area authorized for building permits by 176 municipalities fell by 7.7% year on year (YoY), in the first eleven months of 2023, preceded by an annual decline of 9.3% in 2022.
The Argentine construction industry is expected to rebound at an average annual growth rate of 3.3% from 2025 to 2028, supported by investments in transport, electricity, mining, Liquefied Natural Gas (LNG), and housing construction projects
The Argentine construction industry is expected to rebound at an average annual growth rate of 3.3% from 2025 to 2028, supported by investments in transport, electricity, mining, Liquefied Natural Gas (LNG), and housing construction projects
The Construction in Argentina – Key Trends and Opportunities to 2028 report provides detailed market analysis, information and insights into Argentina's construction industry, including -
- Argentina's construction industry's growth prospects by market, project type and construction activity
- Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the Argentina construction industry
- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
Scope
This report provides a comprehensive analysis of the construction industry in Argentina. It provides -- Historical (2019–2023) and forecast (2024–2028) 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 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 critical and actionable insight.
- Assess business risks, including cost, regulatory and competitive pressures.
- Evaluate competitive risk and success factors.
Table of Contents
1 Executive Summary2 Construction Industry: At-a-Glance6 Construction Market Data
3 Context
4 Construction Outlook
5 Key Industry Participants
7 Appendix
List of Tables
List of Figures
