PUBLISHER: GlobalData | PRODUCT CODE: 1140482
PUBLISHER: GlobalData | PRODUCT CODE: 1140482
Argentina Construction Market Size, Trends and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2022-2026
GlobalData forecasts Argentina's construction output growth to stand at 2.5% in 2022 in real terms, with output only expected to return to 2019 levels in 2022. In the first quarter of 2022, construction output rose by 3% year on year (YoY), preceded by Y-o-Y growth of 5.2% in Q4 2022, according to the National Institute of Statistics and Censuses (INDEC). Growth in the industry will be buoyed by the execution of major infrastructure projects, combined with the resumption of ongoing building projects stalled by coronavirus (COVID-19) restrictions. In addition, growth this year will also be supported by a 79.5% increase in the total area approved for building permits in 2021, rising from 5.6 million m2 in 2020 to 10.1 million m2 in 2021.
Argentina's construction industry is projected to expand by an annual average rate of 2.3% between 2023 and 2026, supported by energy, transport, and residential investment. In January 2022, the Ministry of Public Works announced an investment of ARS10.6 trillion ($84.8 billion) for executing 3,131 new infrastructure works and projects across the country, as part of the Plan Argentina Hace. In another positive development, in February 2022, the Ministry of Transport signed three memoranda of understanding (MoUs) with Chinese companies for three rail projects, as part of the Argentina Rail Modernization Plan for 2030. Investment in renewable energy generation projects has gathered pace, as international investor interest has spiked due to the extensive renewable natural resources. In February 2022, the steel pipe manufacturer Tenaris announced an investment plan of ARS23.7 billion ($190 million) for the construction of a new Argentine wind farm, which is expected to come online by mid-2023. Under this project, 101MW of capacity will be added to the city of Adolfo Gonzales Chaves in Buenos Aires province, and 509GWh of electricity will be generated annually.
The 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 Argentina's 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 (2017-2021) and forecast (2022-2026) 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 GlobalData'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 GlobalData's critical and actionable insight.
- Assess business risks, including cost, regulatory and competitive pressures.
- Evaluate competitive risk and success factors.
Table of Contents
Table of Contents
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 COVID-19 Status
- 3.5 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
- 7.1 What is this Report About?
- 7.2 Definitions
- 7.3 CRI Methodology
- 7.4 GlobalData Construction
- Contact Us
List of Tables
List of Tables
- Table 1: Construction Industry Key Data
- Table 2: Argentina, Key Economic Indicators
- Table 3: Argentina, Commercial Construction Output by Project Type (Real % Change), 2017-26
- Table 4: Argentina, Top Commercial Construction Projects by Value
- Table 5: Argentina, Industrial Construction Output by Project Type (Real % Change), 2017-26
- Table 6: Argentina, Top Industrial Construction Projects by Value
- Table 7: Argentina, Infrastructure Construction Output by Project Type (Real % Change), 2017-26
- Table 8: Argentina, Top Infrastructure Construction Projects by Value
- Table 9: Argentina, Energy and Utilities Construction Output by Project Type (Real % Change), 2017-26
- Table 10: Argentina, Top Energy and Utilities Construction Projects by Value
- Table 11: Argentina, Institutional Construction Output by Project Type (Real % Change), 2017-26
- Table 12: Argentina, Top Institutional Construction Projects by Value
- Table 13: Argentina, Residential Construction Output by Project Type (Real % Change), 2017-26
- Table 14: Argentina, Top Residential Construction Projects by Value
- Table 15: Argentina, Key Contractors
- Table 16: Argentina, Key Consultants
- Table 17: Argentina, Construction Output Value (Real, $ Million)
- Table 18: Argentina, Construction Output Value (Nominal, ARS Billion)
- Table 19: GlobalData Construction Market Definitions
- Table 20: Risk Dimensions
- Table 21: Ratings, Scores and Definitions
List of Figures
List of Figures
- Figure 1: Latin America, Construction Output (Real % Change), 2020-26
- Figure 2: Argentina, Construction Output by Sector (Real % Change), 2020-22 and 2023-26
- Figure 3: Argentina, COVID-19 Confirmed Cases
- Figure 4: Argentina, Risk Summary
- Figure 5: Argentina, Risk Regional Comparison
- Figure 6: Argentina, Construction Output Value (Real, $ Billion, 2017 Prices and Exchange Rate), 2017-26
- Figure 7: Argentina, Construction Output Value, by Sector (Real, $ Million), 2017-26
- Figure 8: Argentina, Construction Value Add (ARS Million, 2004 Constant Prices)
- Figure 9: Argentina, Synthetic Indicator of Construction Activity (2004=100)
- Figure 10: Argentina, Gross Fixed Capital Formation, Y-o-Y % Change
- Figure 11: Argentina, Number of Workers Registered in the Construction Industry
- Figure 12: Argentina, Construction Projects Momentum Index
- Figure 13: Region, Construction Projects Momentum Index
- Figure 14: Argentina, Commercial Construction Output by Project Type (Real, $ Million), 2017-26
- Figure 15: Argentina, Commercial Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 16: Argentina, Wholesale, Retail, and Repair Value Add (ARS Million, 2004 Constant Prices)
- Figure 17: Argentina, Hotels and Restaurants Value Add (ARS Million, 2004 Constant Prices)
- Figure 18: Argentina, Total Foreign Tourist Arrivals (In Thousands)
- Figure 19: Argentina, Total Retail Sales (ARS Million, December 2016 Constant Prices)
- Figure 20: Argentina, Industrial Construction Output by Project Type (Real, $ Million), 2017-26
- Figure 21: Argentina, Industrial Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 22: Argentina, Manufacturing Industry Value Add (ARS Million, 2004 Constant Prices)
- Figure 23: Argentina, Manufacturing Production Index (2004=100)
- Figure 24: Argentina, Total Export Value ($ Million)
- Figure 25: Argentina, Production and Exports of Automobiles and Light Commercial Vehicles (In Units)
- Figure 26: Argentina, Infrastructure Construction Output by Project Type (Real, $ Million), 2017-26
- Figure 27: Argentina, Infrastructure Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 28: Argentina, Energy and Utilities Construction Output by Project Type (Real, $ Million), 2017-26
- Figure 29: Argentina, Energy and Utilities Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 30: Argentina, Electricity, Gas, and Water Sector Value Add (ARS Million, 2004 Constant Prices)
- Figure 31: Argentina, Net Electricity Generation (GWh)
- Figure 32: Argentina, Institutional Construction Output by Project Type (Real, $ Million), 2017-26
- Figure 33: Argentina, Institutional Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 34: Argentina, Education Value Add (ARS Million, 2004 Constant Prices)
- Figure 35: Argentina, Social and Health Services Value Add (ARS Million, 2004 Constant Prices)
- Figure 36: Argentina, Residential Construction Output by Project Type (Real, $ Million), 2017-26
- Figure 37: Argentina, Residential Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 38: Argentina, Real Estate, Business, and Rental Activities Value-Add (ARS Million, 2004 Constant Prices)
- Figure 39: Argentina, Headquarters of Key Contractors (% of Total Project Pipeline)
- Figure 40: Argentina, Headquarters of Key Consultants (% of Total Project Pipeline)
