The Argentine Founding Industry suffered a 23.5% contractionthrough 102,000 to 78,000 tons, with a loss of employment close to 10%. This is revealed by the National Survey of Expectations of the Founding Sector (EIF), prepared by figure, which exposes a Sustained low scenario and use of capacity to 49%.
The report, based on responses from entrepreneurs representing more than 80% of national production, shows that the climate by 2025 is characterized by the caution. Almost half of the respondents were neutral in the face of the evolution of the sector, while the rest is divided between Moderate optimism and negative forecasts.
Although 58.34% of firms expect a Increased demand72% anticipate a Fall of profitabilityand only 3% foresee minor improvements.
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In investment, 68% do not expect changes and 12% project cuts. Also exports would fallwith 30% of companies that expect to reduce their participation in foreign trade.
The activity is mainly concentrated in Buenos Aires, Santa Fe and Córdoba, with predominance of Family Management SMEs. Production is focused on sectors such as Automotive industrythe agricultural machinery and the iron and steel industrywhile participation in strategic sectors such as energy, oil and gas either rail transport is less, which shows a weak industrial integration.
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Among the main problems facing the sector, the High input costthe External competitionthe fiscal pressurethe financing difficulties and the Lack of qualified labor. To this are added logistics hits and regulatory demands that They condition operability of the productive framework.
Despite this adverse scenario, the report identifies reactivation opportunities. The high idle capacity and the possibility of incorporating the sector into new industrial chains They could become Growth levers.
In a global context marked by geopolitical tensions and productive relocation, the consolidation of Local foundry suppliers appears as one Key strategy To strengthen the Argentine industry.
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From a figure they insist on the need for a most integrated and sustainable developmentwith more qualified employment and greater competitiveness, and work in Innovation proposals and sector articulation to enhance the founding sector as a key link of the national productive apparatus.
Source: Ambito
