The orange supply in Vietnam is projected to increase significantly over the next five years. From 2024 to 2028, the supply is forecasted to grow from 1.9899 million metric tons to 2.633 million metric tons. This represents strong year-on-year growth rates: 8.2% from 2024 to 2025, 7.5% from 2025 to 2026, 6.9% from 2026 to 2027, and 6.4% from 2027 to 2028. The compound annual growth rate (CAGR) for the five-year period is 7.25%, indicating a robust upward trend.
Future trends to watch for include:
- Potential impacts of climate change on crop yields
- Technological advancements in agricultural practices
- Changes in domestic and international demand
- Policy changes affecting agriculture
- Expansion of export markets