Argentina Freight and Logistics - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030)

Growing infrastructure development supported by rising truck sales leads to increasing demand for freight services

• In September 2023, DHL Express launched freighter flights between Miami and Buenos Aires to optimize delivery between the two cities. These flights, operated by DHL Aero Expreso in Panama, utilize a B767-300 freighter with a capacity of 52 tons per flight. The service, running six times a week, departs from Miami International Airport (MIA) to Buenos Aires, Argentina (EZE), with a layover in Santiago, Chile (SCL), before returning to the United States. This addition aims to expedite delivery times, resulting in a 10% increase in same-day customs clearance in Argentina and a 50% surge in same-day deliveries post-clearance.
• The truck market in Argentina is evolving, driven by shifting customer preferences, emerging trends, local dynamics, and macroeconomic factors. Notably, there is a growing preference for fuel-efficient and eco-friendly trucks. In 2023, Argentina witnessed truck sales of 12.32 thousand units, with projections pointing to a rise to 12.67 thousand units by 2024. Moreover, truck production is expected to surge, hitting 31.79 thousand units by 2028.

Argentina Freight and Logistics Market Trends

Growing investments to boost transport infrastructure in the country, leading to growing prospects for improved GDP contribution from the sector

• In June 2024, Argentina's federal government transferred 914 infrastructure projects to provincial authorities, creating a tough financial challenge for the provinces. Despite wanting to resume public works, provinces have faced deep cuts to federal transfers, their main source of income. Federal tax transfers (CFI) to provinces dropped 20% YoY in June 2024 and have decreased by double digits in five out of the six months of 2024. Other federal transfers (RON) also fell 24.1% in June. In 2021, CFI and RON transfers made up 70.3% of provincial revenues.
• In June 2024, Argentine gas firm TGS proposed investing USD 500 million to expand a government-owned natural gas pipeline connected to the large Vaca Muerta shale formation. Vaca Muerta, in Neuquen province, has one of the world's largest shale reserves and has been steadily increasing output. The pipeline currently handles 11 million cubic meters per day (m3/d) but is expected to reach 21 million m3/d after expansion projects. The government aims to award the project by November 2024, with completion expected by mid-2026.

An increase in fuel prices has led to indefinite strikes and protests since June 2023, with government tackling domestic gas shortages as well

• In May 2024, to tackle domestic gas shortages and service interruptions, Argentina's government intervened to facilitate the unloading of a vital gas shipment from Petrobras. This move is expected to stabilize the local gas supply. Recent cold spells had already put a strain on gas supplies. The situation escalated when payment-related issues temporarily halted the Petrobras shipment, causing a notable shortage of compressed natural gas (CNG) at various stations. The state energy agency, Enarsa, had previously secured a 44 million cubic meter (m³) liquefied natural gas (LNG) shipment from Petrobras.
• Argentina's mineral resources have garnered heightened interest, driven by a global surge in demand for critical minerals. This has led to a wave of substantial investments in the nation's mining sector. Beyond mining, Argentina is amplifying its oil and gas endeavors, capitalizing on the vast Vaca Muerta shale reserves, recognized as some of the largest globally. Furthermore, with an eye on sustainability, Argentina is channeling efforts into renewable energy, setting an ambitious target for non-hydropower renewables to constitute 20% of its energy mix by 2025.

Argentina Freight and Logistics Industry Overview

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