Vietnam's cassava export volume has seen significant fluctuations over the last decade. From a peak of 14.5 million metric tons in 2017 to a notable drop to 4.36 million metric tons in 2018, the volatility has been evident. In the years following 2023, the export volume stood at 6.59 million metric tons, with recent years showing a slight annual decline of around 1.21%. Despite an average annual decline, or CAGR, of approximately 1.06% projected over the next five years, the consistent reduction aligns with a broader stabilization trend.
Future trends to watch for include:
- Potential impacts of climate change on cassava cultivation and yields
- Shifts in global demand and potential emergence of new markets
- Technological advancements in agricultural methods
- Policy changes and international trade agreements that may influence export opportunities
