In 2023, biomass consumption in Vietnam stood at 31% of Domestic Material Consumption. From 2024 to 2028, the forecasted data show a gradual decline from 31% to 30.8%. Year-on-year variations are slight, with a decrease of approximately 0.19% each year from 2023 to 2024, 0.19% from 2024 to 2025, and continuing similarly through 2028. The Compound Annual Growth Rate (CAGR) over this five-year period reflects an average annual decrement of roughly 0.16%.

Future trends to watch for:

Potential adoption of alternative renewable energy sources which might impact biomass consumption.
Government policies relating to energy sustainability and environmental conservation.
Technological advancements that could either enhance biomass efficiency or reduce its reliance.
Economic factors influencing overall energy demands and shifts within domestic material consumption.