In 2023, Viet Nam's chocolate export stood at 19.026 million USD. The forecast data for the subsequent years show a steady increase in the export value. By 2024, it is expected to reach 19.762 million USD, marking a year-on-year increase of approximately 3.9%. For 2025, the value is projected to be 20.529 million USD, reflecting a year-on-year increase of around 3.9%. This trend continues with 21.282 million USD in 2026 (an increase of approximately 3.7%), 22.019 million USD in 2027 (an increase of about 3.5%), and 22.742 million USD in 2028 (an increase of roughly 3.3%). Evaluating the average variation per year over the last five years, the compound annual growth rate (CAGR) is about 3.66%.
Future trends to watch for:
- Potential impacts of global market dynamics and trade policies on Viet Nam's chocolate exports.
- Shifts in consumer preferences towards premium and sustainably sourced chocolate products.
- Technological advancements and their influence on production efficiency and quality improvement.
- Competitive positioning of Vietnamese chocolate in emerging markets.
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