The market value of mechanized irrigation systems in Latin America is forecast to reach approximately 3.08 billion U.S. dollars by 2024, up from an estimated 1.82 billion dollars in 2019. A compound annual growth rate (CAGR) of 11.1 percent is expected for the period. In 2020, the market value of center pivot irrigation systems in Latin America was expected to reach approximately 210 million U.S. dollars.
Mechanized irrigation systems market value in Latin America from 2019 to 2024
(in billion U.S. dollars)
*Forecast. An exponential development of the values was assumed to estimate the annual values between 2019 and 2024, based on the CAGR provided by the source.
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Statista. (February 15, 2020). Mechanized irrigation systems market value in Latin America from 2019 to 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1176880/mechanized-irrigation-systems-market-value-latin-america/
Statista. "Mechanized irrigation systems market value in Latin America from 2019 to 2024 (in billion U.S. dollars)." Chart. February 15, 2020. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1176880/mechanized-irrigation-systems-market-value-latin-america/
Statista. (2020). Mechanized irrigation systems market value in Latin America from 2019 to 2024 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1176880/mechanized-irrigation-systems-market-value-latin-america/
Statista. "Mechanized Irrigation Systems Market Value in Latin America from 2019 to 2024 (in Billion U.S. Dollars)." Statista, Statista Inc., 15 Feb 2020, https://www.statista.com/statistics/1176880/mechanized-irrigation-systems-market-value-latin-america/
Statista, Mechanized irrigation systems market value in Latin America from 2019 to 2024 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1176880/mechanized-irrigation-systems-market-value-latin-america/ (last visited December 30, 2024)
Mechanized irrigation systems market value in Latin America from 2019 to 2024 (in billion U.S. dollars) [Graph], Statista, February 15, 2020. [Online]. Available: https://www.statista.com/statistics/1176880/mechanized-irrigation-systems-market-value-latin-america/
