The import of Vitamin B1 to Viet Nam has shown significant growth from 2013 to 2023, rising from $3.3175 million to $16.707 million. Notably, the import value experienced a surge between 2015 and 2016, followed by a more stable upward trend. The year 2023 noticed a modest increase with a year-on-year growth of 4.65%, while the CAGR for the past five years stands at 5.41%.
Looking ahead, the forecasted growth from 2024 to 2028 suggests a continued increase, albeit at a more moderate CAGR of 2.93%. Key future trends to monitor include potential regulatory changes affecting import tariffs, fluctuations in domestic demand due to health trends, and the impact of global supply chain dynamics on price and availability.
