From 2014 to 2023, Vietnam's wine import volume showed fluctuations, starting at 15.0 thousand metric tons in 2014, reaching a low of 12.0 in 2017, and stabilizing at 16.0 from 2021 to 2023. Key variations include a 41.67% spike in 2018 and a -14.29% drop in 2017. The Compound Annual Growth Rate (CAGR) over the last five years is -1.21%. Future forecasts predict a modest CAGR of 0.37% from 2024 to 2028, with a total growth rate of 1.86%, leading to a forecasted import volume of 16.4 thousand metric tons in 2028.
Future trends to watch for include changes in domestic wine production impacting imports, trade policies affecting international wine supply, and evolving consumer preferences towards premium and organic wine varieties. Monitoring these factors can provide insights into potential market shifts.
