The production of primary vegetables in Vietnam has seen a consistent increase from 13.502 million metric tons in 2013 to 19.091 million metric tons in 2023. It is notable that actual production data up to 2023 reflects stable growth with variations in year-on-year increases, peaking at 8.53% in 2021 and experiencing a slight dip of -2.04% in 2020. Over the last two years, the year-on-year variations have been 2.95% in 2022 and 2.81% in 2023, indicating steady growth. The CAGR over the last five years stands at 3.2%, reflecting consistent yearly expansion.
Forecast data from 2024 to 2028 projects the production to reach 21.814 million metric tons, with an anticipated average CAGR of 2.1% over this period. The forecasted growth rate over these five years is projected at 10.94%, implying a moderate but steady increase. The trend suggests continued growth, although at a decelerated pace compared to past performance.
Future trends to watch for include potential impacts of technological advancements in agriculture, climate change adaptation strategies, and government policies promoting sustainable farming practices. Monitoring these factors will be crucial to understand and predict further developments in Vietnam's primary vegetable production sector.
