In 2023, the centrifugal sugar supply in Vietnam stood at 3.02 million metric tons. The forecast data from 2024 to 2028 show a steady increase, starting at 3.1 million metric tons in 2024 and reaching 3.42 million metric tons by 2028.
Year-on-year variations in percentage are as follows:
- 2024: 2.65%
- 2025: 2.58%
- 2026: 2.52%
- 2027: 2.45%
- 2028: 2.40%
The Compound Annual Growth Rate (CAGR) over the five-year forecast period from 2024 to 2028 is approximately 2.52% per year.
Future trends to watch for include potential changes in global sugar demand, climate impact on sugarcane production, and domestic agricultural policies. Monitoring these factors will be essential for accurate future supply predictions.
