The "Argentina Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2028 (Q4 2024)" report has been added to ResearchAndMarkets.com's offering.

Argentina's construction industry plunged by 21.1% in real terms in 2024, owing to inflated prices, high construction costs, and dramatic fiscal budget cuts, among a plethora of alternative growth-stunting factors.

Earlier in December 2023, President Javier Milei's austerity drive abetted the devaluation of Argentina's peso in pursuit to control imports, curb inflation, and tackled Argentina's mammoth fiscal deficit. Consequently, the average construction cost index in Greater Buenos Aires - which houses approximately 33% of Argentina's total population - grew by 231.8% year on year (YoY) in the first seven months of 2024, preceding appreciating by 138.6% in 2023, according to the National Institute of Statistics and Census of Argentina (INDEC). Alarmingly, it is estimated that there are nearly 12 billion bills in current circulation - equivalent to 260 million bills per person.

Furthermore, the cessation of construction projects and budgetary cuts of public universities (by 71% for 2024) has further stunted 2024 construction output. Into 2025, declined building permits are expected to keep the construction output weak, albeit output is expected to recover in H2 of 2025 as inflationary pressures curtail and builder's confidence improve parallel to declining interest rates: In November 2024, the Central Bank of Argentina - Banco Central de la Republica Argentina (BCRA) reduced the interest rate by 500 basis points from 40% in May 2024 to 35%.



The industry is expected to register an average annual growth of 4.7% from 2025 to 2028, supported by investments in transport, renewable energy, and oil and gas projects. For instance, in July 2024, Petronas - the Malaysian state-run oil company - and YPF - the Argentine energy company - announced plans to invest ARS41.7 trillion ($30 billion) in developing a liquefied natural gas (LNG) project in Sierra Grande by 2027



Scope

• 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 our 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 business strategies using the analyst'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/5vtwlu

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