ARGENTINA

A new option common in other countries, car sharing, appeared in Argentina at the end of the review period, specifically in Buenos Aires. This option consists of renting a car by the hour and returning it to different points in the city. MyKeego was ...

In 2017, the ANAC (National Civil Aviation Administration) approved 135 new airline routes (both local and international) to be operated by several low cost carriers. Thus, the trend in other markets such as Europe and the US is slowly entering ...

The World Tourism Organization (UNWTO) is promoting tourism as a way of reducing poverty and inequality across the globe through the creation of jobs and new businesses. However, the organisation is also stressing the need for environmental awareness...

E-commerce continued to grow exponentially in Argentina in 2019, due to greater connectivity and higher penetration of smartphones within all socioeconomic levels and age groups and the generally lower prices offered by internet retailers. Customers ...

All categories of travel recorded strong growth in Argentina in 2019 as the industry continued to adapt and drive changes in its offering to consumers. Travel has always been greatly influenced by legislative restrictions in the country, specifically...

A concern for the Argentinian economy is the massive exit of money in US dollars without a counterpart in income. During the years of Cristina Fernandez de Kirchner’s presidency, until the end of 2015, a tax of 35% was placed on foreign expenditure ...

Argentina continues to suffer from bureaucratic hurdles that make doing business difficult. Apart from the regulatory hurdles, businesses in Argentina have to cope with relatively high tax rates and a poor rule of law. Nevertheless, the Argentine ...

Argentinian households continue to stumble from one economic crisis to another, significantly limiting their purchasing power and ability to drive consumption. The local inflation rate is consistently among the highest in the world, which creates ...

Latin America is the fourth largest region globally for sales of laundry care, and is predicted to be the third fastest growing over 2018-2023. Difficult economic conditions in some markets over 2013-2018 restricted growth, but there are many ...

Navigation systems included in smartphones and in new vehicles have impacted negatively on sales of in-car navigation. Due to the relatively similar size of screen and functionalities, smartphones have become a perfect substitute for in-car ...

Business volumes of computers contracted at a slower rate than retail volumes in 2019 as corporations invested in computers with funding allocated from their annual budgets. As companies define their budgets for their business units/departments once ...

Home audio and cinema presents the most negative forecast scenario, with all product categories predicted to decline over the forecast period. The major force behind the pessimistic forecast is the expansion of alternative and more user-friendly ...

Since the government removed consumer electronics from the list of products requiring a non-automatic permit prior to import, the average price of LCD TVs has continued to decline. This is due to the elimination of the aforementioned bureaucratic ...

Digital cameras continued to contract in 2019 due to the rising usage of smartphones. The latter’s high penetration rate, its enormous annual volume of retail sales and its considerable rotation rate are the main reasons for the sharp fall in ...

The penetration of mobile phones in Argentina is extremely high with the consumer base including both young people as well as older generations who are becoming heavy users. Web browsing, reading news and home banking are some of the more common ...

While the country enjoyed economic expansion in quarter one of 2018, the economy contracted during the second half of the year and into the first quarter of 2019. Although a modest recovery is expected in the second half of 2019, the economy is ...

Retail volume sales of portable players recorded sharp declines due to the expansion of alternative media players, such as smartphones, tablets and laptops. These devices are preferred by consumers due to their multi-functionality and the growing ...

There is a growing health and wellness trend in Argentina, particularly in Buenos Aires and other large cities. As people of all ages and incomes are becoming increasingly aware of the benefits of good nutrition and sports practice, volume sales of ...

Beer saw another year of volume expansion in 2018, pushed by industrial breweries, which showed an ability to adapt to consumers’ sophistication with the launch of new beer variants, the development of new single-serve presentations, and the increase...

The consumption of cider was strongly negatively affected by the economic crisis in 2018. Inflation was the biggest issue, fuelled by economic reform, which notably increased electricity, water and gas bills, as well as real estate taxes. The huge ...