In 2023, the import of air conditioners with refrigerating units to Vietnam stood at 7.6400 million kilograms. The forecasted imports for the next five years show a steady increase year-on-year: 7.877 million kilograms in 2024, 8.1201 million in 2025, 8.3583 million in 2026, 8.5918 million in 2027, and 8.8206 million in 2028. This indicates growth rates of approximately 3.1%, 3.1%, 2.9%, 2.8%, and 2.7% respectively each year. Analyzing the compounded annual growth rate (CAGR) over the five years, we observe an average increase of 2.9% per annum.
Future trends to watch for include the impact of economic conditions on import levels, technological advancements in energy-efficient air conditioning systems, and shifts in consumer preferences towards more environmentally friendly products. Additionally, any changes in trade policies or import tariffs could significantly influence the market dynamic.
