Forecast: Groundnuts Export Volume in Vietnam

In 2023, the groundnuts export volume from Vietnam stood at 10.0 thousand metric tons. The forecasted data indicate that the export volume will rise to 11.0 thousand metric tons in 2024, reflecting a 10% year-on-year increase. The volume is expected to stabilize at 12.0 thousand metric tons from 2025 onwards, showing a consistent growth trend. Analyzing the compound annual growth rate (CAGR) over the five-year period from 2023 to 2028, the average yearly increase is projected to be approximately 3.7%.

Future trends to watch for include:

  • Potential impacts of climate change on crop yields.
  • Trade policies and tariffs affecting export markets.
  • Technological advancements in agriculture and processing.
  • Shifts in global demand for groundnuts due to health trends and dietary changes.

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