The historical import data of refined copper bar, rod, and profiles to Vietnam from 2013 to 2023 exhibited moderate fluctuations. In 2023, the value of imports stood at 30.407 million USD, marking a year-on-year increase of 2.59%. Over the last two years (2021-2023), imports showed a positive growth trend, with noticeable increases in 2021 and 2022. The average annual growth rate (CAGR) over the past five years was 2.86%, indicating a moderate upward trend in imports.
Future projections from 2024 to 2028 suggest a steady increase in import values, with an expected annual average growth rate of 1.95%. Key trends to monitor include the consistency of demand in industrial applications, potential shifts in the global copper market prices, and changes in Vietnam's economic and trade policies that could affect import dynamics.
