From 2013 to 2023, Vietnam's seafood exports to Qatar experienced significant volatility, with values increasing from $5.77 thousand in 2013 to $11.58 thousand in 2023. The most notable periods of change were a 139.79% increase in 2014 and an 88.19% decline in 2017. Consistent growth resumed post-2017, reaching $11.58 thousand in 2023.
Year-on-year variations for 2022 and 2023 were 5.88% and 0.57%, showing stabilization. Over the last five years, the CAGR was 0.42%, indicating modest growth. Forecasts from 2024 to 2028 predict a 2.4% total growth with an annual average increase of 0.47%.
Future trends to watch include:
- Developments in global seafood demand
- Impact of regulatory changes in Qatar
- Economic conditions affecting export levels and trade policies
- Emerging markets and technological advancements in aquaculture