Forecast: Import of Lithium Oxide and Hydroxide to Viet Nam

The forecasted import values for Lithium Oxide and Hydroxide to Viet Nam in thousand USD are:

  • 2024: 643.69
  • 2025: 667.0
  • 2026: 689.84
  • 2027: 712.23
  • 2028: 734.18

The year-on-year variations are:

  • 2024-2025: 3.62%
  • 2025-2026: 3.43%
  • 2026-2027: 3.24%
  • 2027-2028: 3.08%

The Compound Annual Growth Rate (CAGR) over the last 5 years is approximately 3.33%.

Future Trends to Watch: The steady growth in import values suggests increasing demand for lithium materials, likely fueled by the growth of the electric vehicle (EV) and renewable energy sectors in Viet Nam. Monitoring changes in global lithium supply chains and local industrial developments will be key to understanding future import patterns.

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