Vietnamese furniture exports to Italy in 2023 stood at $28.692 million. Forecasted data indicate a consistent decline from $28.307 million in 2024 to $26.796 million by 2028. Year-on-year variations are as follows:
- 2024 to 2025: -1.38%
- 2025 to 2026: -1.36%
- 2026 to 2027: -1.36%
- 2027 to 2028: -1.35%
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is -1.35%, highlighting a steady decrease in export values.
Future trends to watch for include economic conditions in Italy affecting demand, shifts in consumer preferences towards sustainable and locally sourced furniture, and potential impacts of trade regulations or tariffs between Vietnam and the European Union.
