The logistics market in Latin America was evaluated at around 540 billion U.S. dollars in 2019. This sector was forecast to grow at a 6.2 percent compound annual growth rate (CAGR) between 2020 to 2027, to reach nearly 785 billion dollars in the latter year.
Logistics market value in Latin America from 2019 to 2027
(in billion U.S. dollars)
includes logistics, cold chain logistics, reverse, and cash logistics segements
Supplementary notes
* Starting from 2020, figures are forecasts.
This Statista estimate is based on the 2027 values and the compound annual growth rate from 2020 to 2027 of 6.2%, which were provided by the source. An exponential development of the market was assumed.
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Statista. (June 9, 2021). Logistics market value in Latin America from 2019 to 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1237733/logistics-market-value-latin-america/
Statista. "Logistics market value in Latin America from 2019 to 2027 (in billion U.S. dollars)." Chart. June 9, 2021. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1237733/logistics-market-value-latin-america/
Statista. (2021). Logistics market value in Latin America from 2019 to 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1237733/logistics-market-value-latin-america/
Statista. "Logistics Market Value in Latin America from 2019 to 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 9 Jun 2021, https://www.statista.com/statistics/1237733/logistics-market-value-latin-america/
Statista, Logistics market value in Latin America from 2019 to 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1237733/logistics-market-value-latin-america/ (last visited November 21, 2024)
Logistics market value in Latin America from 2019 to 2027 (in billion U.S. dollars) [Graph], Statista, June 9, 2021. [Online]. Available: https://www.statista.com/statistics/1237733/logistics-market-value-latin-america/