In 2023, the import value of collages and similar decorative plaques to Vietnam stood at approximately 314.41 thousand US dollars. Based on forecasted data, there is a steady year-on-year increase in import values from 2024 to 2028. The year-on-year variations from 2024 to 2028 are as follows: 3.73% for 2025, 3.53% for 2026, 3.34% for 2027, and 3.18% for 2028. On average, the compound annual growth rate (CAGR) over this five-year period is estimated at 3.46%.
Future trends to watch for include potential changes in consumer preferences towards more sustainable and eco-friendly materials, increased demand due to rising disposable incomes, and the impact of global economic conditions on import stability and pricing. Keeping an eye on these factors can provide insights into market shifts and potential opportunities.