Forecast: Wood Fuel Import to Vietnam

Based on the provided data, the wood fuel import in Vietnam is forecasted to decrease as follows:

  • 2024: 1.47 Thousand Cubic Meters
  • 2025: 1.41 Thousand Cubic Meters
  • 2026: 1.35 Thousand Cubic Meters
  • 2027: 1.30 Thousand Cubic Meters
  • 2028: 1.24 Thousand Cubic Meters

Year-on-Year Variations:

  • 2025: -4.08%
  • 2026: -4.26%
  • 2027: -3.70%
  • 2028: -4.62%

CAGR (2024-2028): -4.17%

The forecast suggests a declining trend in wood fuel import volumes over the next five years. Monitoring developments in renewable energy adoption and changes in government policies could provide further insights into this trend.