The forecasted demand for wine in Vietnam shows a steady increase from 2024 to 2028, with values rising from 13.09 Thousand Metric Tons in 2024 to 13.31 Thousand Metric Tons in 2028. Actual demand in 2023 stood at 13.03 Thousand Metric Tons.
Year-on-year variations are as follows:
- 2024: +0.46%
- 2025: +0.46%
- 2026: +0.38%
- 2027: +0.45%
- 2028: +0.38%
The Compound Annual Growth Rate (CAGR) from 2023 to 2028 is approximately 0.42%.
Future trends to watch for include shifts in consumer preferences toward premium wines, potential impacts of economic fluctuations on demand, and increased competition from emerging markets. Monitoring regulatory changes and evolving trade agreements will also be crucial in assessing market dynamics.
