Forecast: Primary Fruit Production in Vietnam

Vietnam's primary fruit production demonstrated steady growth over the past decade. In 2023, the volume stood at 10.77 million metric tons, reflecting a year-on-year increase of 2.1% from 2022. The compound annual growth rate (CAGR) over the last two years (2021-2023) was 2.74%, indicating a consistent upward trajectory post-pandemic challenges. Looking at a five-year span, the CAGR was 3.77% (2018-2023), reflecting robust growth in the fruit production sector.

Future trends to watch for include:

  • Continued expansion, with a forecast reaching 11.929 million metric tons in 2028.
  • An estimated five-year CAGR of 1.61% from 2023 to 2028, suggesting moderated growth compared to the historical trend.
  • Potential impacts of climate change and technological advancements on production efficiency and yield.
  • Shifts in global demand and trade policies affecting export volumes and revenue.

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