Vietnam's corn supply for 2024 is forecasted to be 15.77 million metric tons, up from the actual value of 15.45 million metric tons in 2023. For 2025, the supply is expected to rise to 16.12 million metric tons, continuing this upward trend through 2028, reaching 17.16 million metric tons.
Year-on-year variations show gradual increases, with the supply expected to grow by approximately 2.2% from 2023 to 2024. By 2025, the increase is projected at around 2.9%, followed by another 2.6% in 2026, 2.1% in 2027, and 2.1% in 2028. The Compound Annual Growth Rate (CAGR) over the forecast period is around 2.3%.
Future trends to monitor include advancements in agricultural technology, potential impacts of climate change on crop yields, and Vietnam’s policy changes related to agricultural trade and imports.
