The import of Copper Oxides and Hydroxides to Viet Nam showed significant growth from 2013 to 2022, increasing from 597.29 thousand kilograms in 2013 to 2876.3 thousand kilograms in 2022. The year-on-year variation exhibited considerable fluctuations, peaking in 2016 with an 85.32% increase and dipping in 2020 with an 11.76% decrease. The Compound Annual Growth Rate (CAGR) over the last five years ending in 2023 averaged 5.88%. Forecasts suggest a steady growth continuing with imports reaching 3773.0 thousand kilograms by 2028, representing a 3.49% forecasted 5-year CAGR and an 18.7% forecasted 5-year growth rate.
Future trends to watch: Global demand for electronic products and renewable energy solutions could significantly drive the import of copper oxides and hydroxides, with technology advancements and economic policies impacting trade dynamics.
