The export of beverages, spirits, and vinegar from Viet Nam has experienced significant fluctuations over the years. From 2013 to 2023, there were periods of growth and decline, with notable dips in 2015 and 2016. The value stood at 353.39 million USD in 2023. Over the last two years, growth rates were 3.19% in 2022 and 3.03% in 2023. The CAGR over the last five years up to 2023 was 3.38%, showcasing moderate growth.
Looking forward, forecasted data from 2024 to 2028 suggest a steady increase. The expected CAGR for this period is approximately 2.25%, with an overall growth rate of 11.76% by 2028.
Future trends to watch for:
- Global trade policies affecting exports.
- Changes in consumer preferences and demand for Vietnamese beverages.
- Expansion into new international markets.
- Influence of economic conditions and currency fluctuations on export values.
