The supply of table grapes in Vietnam has demonstrated a significant increase over the last decade. Starting from 51.1 thousand metric tons in 2013, the supply reached 141.4 thousand metric tons in 2023. The most notable year-on-year increases were seen in 2015 (50.1%) and 2020 (30.93%), while 2021 experienced a sharp decline of 32.65%. Since then, growth has resumed with a 36.09% increase in 2022, and a more moderate 4.74% increase in 2023.
Looking ahead, the forecasted data indicates a continual growth in supply, with annual increases leading to an estimated 182.06 thousand metric tons by 2028. The Compound Annual Growth Rate (CAGR) over the next five years is projected at 3.99%, reflecting a stable yet significant upward trend.
Future trends to watch for include potential impacts of climate change on grape cultivation, advancements in agricultural technologies, and shifts in consumer demand. The evolution of trade policies and international agreements will also play a role in shaping the supply dynamics of table grapes in Vietnam.