Over the last decade, Vietnam's fermented beverage export volume has seen considerable fluctuation. After peaking at 16 thousand metric tons in 2014, the volume experienced significant volatility, notably dropping by 64.29% in 2017. Despite a brief recovery to 14 thousand metric tons in 2018, it continued a downward trend, reaching 10 thousand metric tons by 2023, representing a 9.09% year-on-year decrease from 2022. The Compound Annual Growth Rate (CAGR) from 2014 to 2023 was -6.51%, indicating an overall decline in this period.
Looking ahead to future trends, the forecast suggests a continuous decrease in export volume, with a projected value of 8.66 thousand metric tons by 2028. Over the next five years, the forecasted CAGR stands at -2.62%, reflecting a 12.44% decline in export volume from 2024 to 2028. Given these insights, key future trends to monitor include shifts in global demand, competitive dynamics in the beverage industry, and potential regulatory changes impacting international trade.
