The forecasted import volume of polyesters to Vietnam will significantly increase from 2024 onwards. In 2023, actual import figures stood at 85.896 million kilograms. From 2024 to 2028, import volumes are projected to rise from 89.396 million kilograms to 103.76 million kilograms, representing a steady year-on-year growth.
Year-on-year percentage variations over the forecast period show an upward trend:
- 2024 to 2025: 4.14% increase
- 2025 to 2026: 3.90% increase
- 2026 to 2027: 3.68% increase
- 2027 to 2028: 3.47% increase
The Compound Annual Growth Rate (CAGR) from 2023 to 2028 is projected to be approximately 3.83%, indicating consistent annual growth in polyester imports.
Future trends to watch for include potential changes in global polyester production, fluctuations in trade policies, and shifts in demand within local industries, which may influence the import dynamics to Vietnam.
