In 2023, the import of Aluminium Hydroxide to Vietnam stood at 6.3743 Million Kilograms. The forecasted data for 2024 indicates an import value of 6.5191 Million Kilograms. This represents a year-on-year increase of 2.27% from 2023 to 2024. The projected year-on-year variations for the subsequent years are as follows: 2025 (2.34%), 2026 (2.24%), 2027 (2.15%), and 2028 (2.06%). This results in a compound annual growth rate (CAGR) of approximately 2.21% from 2024 to 2028.
Future trends to watch for include potential changes in global alumina supply chains, advancements in aluminium recycling technology, and shifts in Vietnam's domestic aluminium production capacity. Monitoring geopolitical factors and trade policies will also be crucial as they might influence import volumes and prices.
