The import volume of crustaceans in Vietnam saw fluctuations over the past decade. The import volume stood at 75.38 thousand metric tons in 2023. Year-on-year variations reveal marked declines in 2015 (-9.06%) and 2016 (-17.83%), a recovery in 2017 (27.21%), and a more stable phase from 2018 onwards with minor fluctuations. The last five years show an average annual decrease (CAGR) of -0.65%. Looking forward, forecasts predict a slight decline in import volume, with an estimated 0.22% average annual decrease by 2028, reflecting a cumulative decrease of 1.1% over this forecast period.
Future trends to watch for:
- Potential impacts of changing global seafood demand and supply dynamics.
- Regulatory changes affecting seafood import policies.
- Environmental factors influencing crustacean populations and harvests globally.