The import of air conditioners with reverse cycle refrigeration to Vietnam stood at 6.1 million kilograms in 2023. Forecast data indicates a steady increase over the next five years, reaching approximately 6.88 million kilograms by 2028. Year-on-year percentage variations reveal a consistent upward trend: 2.61% growth from 2024 to 2025, 2.5% from 2025 to 2026, 2.39% from 2026 to 2027, and 2.28% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is projected at 2.44%.
Future trends to watch for include the impact of technological advancements and increasing demand for energy-efficient appliances, which could further boost imports. Additionally, policy changes and economic conditions in Vietnam could influence the import volumes and market dynamics in this sector.