Market Size of argentina freight and logistics Industry
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Study Period | 2017 - 2030 |
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Market Size (2024) | USD 26.64 Billion |
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Market Size (2030) | USD 36.62 Billion |
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Largest Share by Logistics Function | Freight Transport |
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CAGR (2024 - 2030) | 5.45 % |
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Fastest Growing by Logistics Function | Courier, Express, and Parcel (CEP) |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Argentina Freight and Logistics Market Analysis
The Argentina Freight and Logistics Market size is estimated at 26.64 billion USD in 2024, and is expected to reach 36.62 billion USD by 2030, growing at a CAGR of 5.45% during the forecast period (2024-2030).
26.64 Billion
Market Size in 2024 (USD)
36.62 Billion
Market Size in 2030 (USD)
4.72 %
CAGR (2017-2023)
5.45 %
CAGR (2024-2030)
Fastest Growing Market by Mode of Transport
6.09 %
Projected CAGR, Sea and Inland Waterways, 2024-2030
Argentina has 10,950 kilometers of navigable waterways. The nation's main ports include Bahia Blanca, Buenos Aires, Comodoro Rivadavia, La Plata, and Mar La Plata.
Largest CEP Market by Destination
64.93 %
value share, Domestic, 2023
Digital buyer penetration is growing, owing to rising demand and shifts in consumer preference. By 2025, buyer penetration is expected to touch 62%, driving domestic CEP demand.
Largest Market by End User Industry
41.04 %
value share, Wholesale and Retail Trade, 2023
The end-user segment experiencing growth supported by the rise in e-commerce in the country. The e-commerce sector grew by 13% YoY in 2023 after a decline of 4.03% YoY in 2022.
Largest Warehousing Market by Temperature Control
92.07 %
value share, Non-Temperature Controlled, 2023
In July 2023, Louis Dreyfus Company (LDC) commenced operations at its first grains and oilseeds warehouse in Río del Valle. This facility aims to streamline logistics for regional farmers.
Fastest Growing Warehousing Market by Temperature Control
5.23 %
Projected CAGR, Temperature Controlled, 2024-2030
The pharmaceutical sector has been a key driver for temperature-controlled warehousing in Argentina. Many companies have started constructing refrigerated warehouses to cater to growing demand.
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.
- Argentina's 2022 budget, released in line with an IMF agreement, witnessed cuts in public spending but presented a mixed picture for the infrastructure sector. Vialidad Nacional, the highway authority, saw its budget rise by 21% from USD 1.09 billion in 2021 to USD 1.33 billion in 2022. Investments in the sector also climbed by 25.6% to USD 1.04 billion. However, specific highway construction programs faced a 10.7% reduction to USD 362.45 million, while funds for rehabilitation and maintenance surged by 86.9% to USD 317.62 million.
- 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 Industry Segmentation Argentina Freight and Logistics Industry Segmentation
Agriculture, Fishing, and Forestry, Construction, Manufacturing, Oil and Gas, Mining and Quarrying, Wholesale and Retail Trade, Others are covered as segments by End User Industry. Courier, Express, and Parcel (CEP), Freight Forwarding, Freight Transport, Warehousing and Storage are covered as segments by Logistics Function.
- 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.
- Argentina's 2022 budget, released in line with an IMF agreement, witnessed cuts in public spending but presented a mixed picture for the infrastructure sector. Vialidad Nacional, the highway authority, saw its budget rise by 21% from USD 1.09 billion in 2021 to USD 1.33 billion in 2022. Investments in the sector also climbed by 25.6% to USD 1.04 billion. However, specific highway construction programs faced a 10.7% reduction to USD 362.45 million, while funds for rehabilitation and maintenance surged by 86.9% to USD 317.62 million.
- 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.
| End User Industry | |
| Agriculture, Fishing, and Forestry | |
| Construction | |
| Manufacturing | |
| Oil and Gas, Mining and Quarrying | |
| Wholesale and Retail Trade | |
| Others |
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Argentina Freight and Logistics Market Size Summary
The Argentina Freight and Logistics Market is poised for significant growth, driven by strategic investments and infrastructure developments. The market is characterized by a diverse range of players, including major companies like DHL Group, DSV A/S, Kuehne + Nagel, Ocasa, and TASA Logística. Recent initiatives, such as DHL Express's new freighter flights between Miami and Buenos Aires, aim to enhance delivery efficiency and reduce customs clearance times. The transportation sector is experiencing a shift towards more sustainable practices, with an increasing demand for fuel-efficient and eco-friendly trucks. This evolution is supported by government investments in infrastructure, such as the modernization of rail systems and the enhancement of the Port of Buenos Aires, which handles a significant portion of the country's shipping activities.
Despite economic challenges, including fluctuating fuel prices and supply shortages, the market is adapting through technological advancements and strategic partnerships. Companies like Kuehne + Nagel are focusing on decarbonization solutions, while DB Schenker is advancing airfreight operations through digital innovations. The market's growth trajectory is further supported by the recovery of the transportation and storage sector, which has shown resilience in the face of economic fluctuations. As Argentina continues to navigate its economic landscape, the freight and logistics market is expected to expand, driven by both domestic and international demand for efficient and sustainable logistics solutions.
Argentina Freight and Logistics Market Size - Table of Contents
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1. MARKET SEGMENTATION (includes 1. Market value in USD for all segments 2. Market volume for select segments viz. freight transport, CEP (courier, express, and parcel) and warehousing & storage 3.Forecasts up to 2029 and analysis of growth prospects)
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1.1 End User Industry
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1.1.1 Agriculture, Fishing, and Forestry
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1.1.2 Construction
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1.1.3 Manufacturing
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1.1.4 Oil and Gas, Mining and Quarrying
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1.1.5 Wholesale and Retail Trade
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1.1.6 Others
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1.2 Logistics Function
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1.2.1 Courier, Express, and Parcel (CEP)
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1.2.1.1 By Destination Type
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1.2.1.1.1 Domestic
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1.2.1.1.2 International
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1.2.2 Freight Forwarding
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1.2.2.1 By Mode Of Transport
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1.2.2.1.1 Air
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1.2.2.1.2 Sea and Inland Waterways
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1.2.2.1.3 Others
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1.2.3 Freight Transport
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1.2.3.1 By Mode Of Transport
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1.2.3.1.1 Air
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1.2.3.1.2 Pipelines
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1.2.3.1.3 Rail
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1.2.3.1.4 Road
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1.2.3.1.5 Sea and Inland Waterways
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1.2.4 Warehousing and Storage
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1.2.4.1 By Temperature Control
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1.2.4.1.1 Non-Temperature Controlled
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1.2.4.1.2 Temperature Controlled
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1.2.5 Other Services
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Argentina Freight and Logistics Market Size FAQs
How big is the Argentina Freight and Logistics Market?
The Argentina Freight and Logistics Market size is expected to reach USD 26.64 billion in 2024 and grow at a CAGR of 5.45% to reach USD 36.62 billion by 2030.
What is the current Argentina Freight and Logistics Market size?
In 2024, the Argentina Freight and Logistics Market size is expected to reach USD 26.64 billion.
