In 2023, the primary oilseeds gross production in Vietnam stood at 148.67 million US Dollars PPP = 2004–2006. The forecasted data from 2024 to 2028 highlights a slight decreasing trend with values moving from 148.38 million USD in 2024 to 147.23 million USD in 2028. The year-on-year variation shows a consistent decline of around -0.20% to -0.30% annually. Over the last two years, from 2023 to 2025, the overall reduction is approximately -0.39%. The compound annual growth rate (CAGR) over the forecasted five-year period is about -0.25%, indicating a gradual but consistent decline in gross production.
Future trends to watch for include potential policy changes in agricultural incentives, shifts in global oilseed demand, technological advancements in crop production, and the impact of climate change on harvest yields. These factors could affect Vietnam's oilseed production trajectory and market dynamics.
