The import of fluorescent hot cathode lamps to Vietnam is projected to decline from 548.04 thousand kilograms in 2024 to 515.68 thousand kilograms by 2028. This forecast reveals a consistent year-on-year decrease: 1.52% from 2024 to 2025, 1.52% from 2025 to 2026, 1.52% from 2026 to 2027, and 1.49% from 2027 to 2028.
The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is estimated to show an average annual decrease of around 1.51%. Compared to the actual import volume in 2023 (which stood higher than the 2024 forecast), this descending trend is evident.
Future trends to watch for include technological advancements in lighting, potential shifts towards LED alternatives, and evolving environmental regulations, all of which could further impact the demand and import volumes of fluorescent hot cathode lamps in Vietnam.
