From 2013 to 2023, Vietnam's import of Vitamin B6 has demonstrated a generally upward trend, despite some fluctuations. The import volume stood at 262.85 thousand kilograms in 2023. During this period, the import volume experienced notable increases, such as in 2016 (25.84%) and 2017 (14.7%). However, there were also years with minor declines, such as in 2018 (-1.73%) and 2022 (-6.49%). Over the last five years, the compound annual growth rate (CAGR) was modest at 3.02%.
For the future, Vietnam’s Vitamin B6 imports are forecasted to grow at a slower annual average rate of 1.8% from 2024 to 2028, reaching 296.92 thousand kilograms by 2028. The projected five-year growth rate is 9.32%.
Future trends to watch for:
- Potential impact of regulatory changes and trade policies on import volumes.
- Shifts in demand for Vitamin B6 due to changes in consumer preferences and health trends.
- Technological advancements in Vitamin B6 production that could affect import reliance.
