Forecast: Milled Rice Supply in Vietnam

Based on the supplied data, the forecasted milled rice supply in Vietnam shows a steady increase from 2024 through 2028. The values in million metric tons are progressively rising from 30.24 in 2024 to 30.71 in 2028. In 2023, the actual supply stood at 30 million metric tons. The year-on-year percentage variation between 2024 and 2025 is approximately 0.4%, and between 2025 and 2026 is similarly about 0.4%. The compound annual growth rate (CAGR) from 2024 to 2028 averages to about 0.3%, indicating a consistently positive trend in supply.

Future trends to watch for include the impact of climate change on rice production, advancements in agricultural technology, government policies on rice farming, and global market demand fluctuations. Monitoring these factors can provide valuable insights into potential risks and opportunities for Vietnam's rice supply.

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