From 2013 to 2023, the import of refrigerating or freezing furniture in Viet Nam has generally increased, as indicated by value growing from $41.498 million to $77.064 million. This reflects a robust compound annual growth rate (CAGR) over the past decade, though there have been fluctuations. For example, the import values dipped in years like 2017 and 2020 but rebounded strongly thereafter. The CAGR for the last five years stood at 4.63%, while the year-on-year variation was around 4.05%.

Looking ahead from 2024, forecasted trends suggest a steady increase with an expected import value of $92.799 million by 2028, translating to a 5-year forecasted CAGR of 2.9% and a cumulative growth rate of 15.34%.

Future trends to watch for include:

Technological advancements in refrigerating and freezing units.
Changing consumer preferences towards more energy-efficient and environmentally friendly appliances.
Potential impacts of trade policies and economic factors on import activities.