In 2023, the demand for apples in Vietnam stood at 115.0 thousand metric tons. From 2024 to 2028, the forecasted data shows a steady increase in demand, growing from 116.0 thousand metric tons in 2024 to 121.0 thousand metric tons in 2028. The year-on-year variations indicate consistent growth, with an approximate increase of 0.86% from 2024 to 2025, and around 0.85% from 2025 to 2026, 2026 to 2027, and 2027 to 2028. Over the five-year forecast period, the compound annual growth rate (CAGR) stands at approximately 1.04% per year.
Future trends to watch for:
- Potential impacts of domestic agricultural policies.- Changes in consumer preferences and health-conscious trends.- Variations in global apple production affecting import levels.- Economic factors impacting disposable income and purchasing power.
