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Argentina Freight and Logistics Market Size

The Argentina Freight and Logistics Market is projected to experience significant growth over the forecast period, with its market size expanding considerably. This growth is influenced by various factors, including the introduction of optimized delivery services, such as the new freighter flights between Miami and Buenos Aires, which aim to enhance delivery efficiency. Additionally, the evolving truck market, driven by customer preferences for fuel-efficient and eco-friendly vehicles, contributes to the overall expansion of the logistics sector. Despite challenges in public spending and infrastructure budgets, investments in the logistics and transportation sectors are expected to support the market's growth trajectory.

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Market Size of argentina freight and logistics Industry

Argentina Freight and Logistics Market Summary
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svg icon Study Period 2017 - 2030
svg icon Market Size (2024) USD 26.64 Billion
svg icon Market Size (2030) USD 36.62 Billion
svg icon Largest Share by Logistics Function Freight Transport
svg icon CAGR (2024 - 2030) 5.45 %
svg icon Fastest Growing by Logistics Function Courier, Express, and Parcel (CEP)
svg icon Market Concentration Low

Major Players
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*Disclaimer: Major Players sorted in no particular order

Key Players

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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

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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

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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

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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

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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

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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 Market

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
Logistics Function
Courier, Express, and Parcel (CEP)
By Destination Type
Domestic
International
Freight Forwarding
By Mode Of Transport
Air
Sea and Inland Waterways
Others
Freight Transport
By Mode Of Transport
Air
Pipelines
Rail
Road
Sea and Inland Waterways
Warehousing and Storage
By Temperature Control
Non-Temperature Controlled
Temperature Controlled
Other Services
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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.

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Argentina Freight and Logistics Market Size - Table of Contents

  1. 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)

    1. 1.1 End User Industry

      1. 1.1.1 Agriculture, Fishing, and Forestry

      2. 1.1.2 Construction

      3. 1.1.3 Manufacturing

      4. 1.1.4 Oil and Gas, Mining and Quarrying

      5. 1.1.5 Wholesale and Retail Trade

      6. 1.1.6 Others

    2. 1.2 Logistics Function

      1. 1.2.1 Courier, Express, and Parcel (CEP)

        1. 1.2.1.1 By Destination Type

          1. 1.2.1.1.1 Domestic

          2. 1.2.1.1.2 International

      2. 1.2.2 Freight Forwarding

        1. 1.2.2.1 By Mode Of Transport

          1. 1.2.2.1.1 Air

          2. 1.2.2.1.2 Sea and Inland Waterways

          3. 1.2.2.1.3 Others

      3. 1.2.3 Freight Transport

        1. 1.2.3.1 By Mode Of Transport

          1. 1.2.3.1.1 Air

          2. 1.2.3.1.2 Pipelines

          3. 1.2.3.1.3 Rail

          4. 1.2.3.1.4 Road

          5. 1.2.3.1.5 Sea and Inland Waterways

      4. 1.2.4 Warehousing and Storage

        1. 1.2.4.1 By Temperature Control

          1. 1.2.4.1.1 Non-Temperature Controlled

          2. 1.2.4.1.2 Temperature Controlled

      5. 1.2.5 Other Services

Argentina Freight and Logistics Market Size FAQs

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.

In 2024, the Argentina Freight and Logistics Market size is expected to reach USD 26.64 billion.

Argentina Freight and Logistics Market Report Snapshots

Argentina Freight & Logistics Market Size & Share Analysis - Growth Trends & Forecasts UP TO 2029