The yield of natural rubber in Vietnam has exhibited a mixed trend from 2013 to 2023. In 2023, the yield stood at 17.02 thousand hectograms per hectare, marking a slight increase over the previous years. From 2013 to 2018, the yield experienced a slight decline, with variations fluctuating between -1.8% to -0.57% year-on-year. However, from 2019 onwards, the yield began a steady upward trend, with annual growth rates ranging between 0.48% to 1.06%. The 5-year CAGR for 2023 was 0.63%, indicating a moderate growth compared to the previous periods.
Looking ahead, the forecasted data shows a continued positive movement in natural rubber yield, with an expected rise to 17.41 thousand hectograms per hectare by 2028. The forecasted 5-year CAGR is 0.35%, contributing to a total growth rate of 1.77%. This steady increase suggests sustainable growth in rubber yield due to possibly improved agricultural practices and technology advancements.
Future trends to watch for include potential environmental impacts and climatic changes that could influence rubber yield, advancements in rubber plantation techniques, and market demand shifts that can affect production strategies.
