Based on forecasted data for 2024, the value of imports is expected to be 17.84 million USD. This figure is projected to decline year-on-year with values of 15.46 million USD in 2025, 13.128 million USD in 2026, 10.842 million USD in 2027, and 8.6019 million USD in 2028.
- 2025: -13.36%
- 2026: -15.11%
- 2027: -17.43%
- 2028: -20.61%
The compound annual growth rate (CAGR) for the 2024-2028 period is approximately -16.11%.
Future trends to watch include economic conditions in Viet Nam that may affect infrastructure projects, global price fluctuations in bitumen and asphalt, technological advancements in construction materials, and shifts towards more sustainable alternatives. These factors could influence the import dynamics significantly in the coming years.
