In 2023, the import of pneumatic elevators and conveyors to Viet Nam stood at an actual volume of 234.65 thousand kilograms. The subsequent forecasted data reveal a steady increase in imports:
In 2024, the volume is projected to rise to 240.27 thousand kilograms, indicating an increase of approximately 2.39% compared to 2023.
Continuing this trend, the import volume for 2025 is expected to reach 246.26 thousand kilograms, marking a year-on-year growth of around 2.49% from 2024.
For 2026, the forecasted import volume is 252.12 thousand kilograms, resulting in a 2.38% increase year-over-year.
By 2027, imports are projected to grow to 257.87 thousand kilograms, showing a growth rate of 2.28% from 2026.
Finally, in 2028, the import volume is expected to reach 263.5 thousand kilograms, reflecting a year-on-year increase of 2.18% compared to 2027.
CAGR over the forecasted period (2024-2028) demonstrates an average annual growth rate of approximately 2.34%.
Future trends to watch for include technological advancements in pneumatic systems, changes in industrial demand, and potential shifts in global trade policies that might affect import volumes. Additionally, economic growth in Viet Nam and continual infrastructure development are key factors that could influence these forecasts further.