Based on the provided forecast data for the import of furniture parts to Viet Nam, the value is projected to increase steadily from 2024 to 2028, starting at 5.7609 million kilograms in 2024 and reaching 6.2112 million kilograms by 2028. Notably, the data for 2023 is not included, so a precise analysis for comparison from 2023 to 2024 is not possible. However, examining year-on-year variations shows a consistent growth rate:
- 2024-2025: 2.01% increase
- 2025-2026: 1.94% increase
- 2026-2027: 1.86% increase
- 2027-2028: 1.79% increase
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 stands at approximately 1.90%, indicating steady growth in the volume of imported furniture parts.
Future trends to watch for include potential impacts of global supply chain disruptions, changes in trade policies, and increasing demand for sustainable and high-quality furniture parts, which could influence import volumes.Continuous monitoring of market developments and consumer preferences will be essential for making informed strategic decisions.