The production of Mangosteens, Guavas, and Mangoes in Vietnam has shown significant variation over the past decade. Between 2013 and 2017, the annual production fluctuated, reaching a low point in 2016. However, from 2018 onward, there has been a steady upward trend, with 2023 production standing at 1,298.9 thousand metric tons. Over the last two years, the production increased by approximately 3.58% annually. The Compound Annual Growth Rate (CAGR) over the past five years stood at 4.24%, indicating a moderate but consistent growth trend.
Future trends indicate an expected CAGR of 2.61% over the next five years, translating to a total growth rate of 13.74% by 2028. This demonstrates a continued increase in production, albeit at a slightly slower pace compared to recent years.
Future trends to watch for:
• Impact of climate change on crop yield and seasonality.
• Technological advancements in agricultural practices.
• Market demand fluctuations due to global economic conditions.
• Government policies promoting or restricting agricultural exports.