Analysis of Olive Oil Imports to Viet Nam reveals a fluctuating yet generally upward trend from 2013 to 2023. In 2023, the import value stood at 7.3154 million USD. Over the last two years, the year-on-year variation was a steady increase, with 4.09% in 2022 and 3.85% in 2023. The average annual growth rate (CAGR) over the past five years was 4.39%, reflecting moderate growth.
Looking ahead, the forecasted data predicts consistent growth through 2028. Future trends to watch for include:
- Increasing consumer demand for healthy oils
- Potential impacts of trade policies or tariffs
- Supply chain disruptions or changes in global olive oil production
