The volume of freshwater fish exports from Vietnam has shown moderate fluctuations over the past decade. In 2023, the export volume was 1.53 million metric tons, marking a slight year-on-year increase of 0.36%. However, substantial variances were evident in the historical data, such as the notable decline of 16.68% in 2020 followed by a significant recovery of 14.89% in 2021. Over the last five years, the Compound Annual Growth Rate (CAGR) stands at 0.35%, indicating steady but minimal growth. Looking forward, the forecasted volume for 2028 is 1.55 million metric tons, with a projected five-year CAGR of 0.3% and a total growth rate of 1.52%.
Future trends to watch for include:
- The potential impact of climate change on freshwater resources and fish populations.
- Changes in global demand for sustainably sourced seafood.
- Developments in aquaculture technology that could boost production efficiency.
- Trade policies and international relations that could affect export dynamics.