Forecast: Import of Fresh Grapes to Viet Nam

The import volume of fresh grapes to Vietnam has steadily increased from 18.323 million kilograms in 2013 to 33.705 million kilograms in 2023, representing a notable growth trend over the years. The year-on-year growth rate has tended to fluctuate, with significant jumps noticeable in years like 2016 (20.63%) and 2017 (26.88%). However, more recent years have shown more moderate increases, with 2023 seeing a year-on-year variation of 3.75%. The compound annual growth rate (CAGR) over the last five years stands at 4.26%, indicative of a stable yet slightly decelerating growth trajectory.

Future trends to watch for: The forecasted CAGR for the 2024–2028 period is 2.48%, suggesting a continued, albeit slower, increase in import volumes. Factors like changes in consumer preferences, shifts in trade policies, and potential economic fluctuations will be critical in shaping the future import landscape.

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