In 2023, Vietnam's wheat import volume stood at 4.31 million metric tons. The forecasted data for the subsequent years indicates a steady but modest increase. Specifically, the wheat import volume is expected to rise from 4.36 million metric tons in 2024 to 4.55 million metric tons by 2028.
The year-on-year percentage variations over the last two years are:
- 2025: 1.15%
- 2026: 1.13%
The five-year compound annual growth rate (CAGR) from 2024 to 2028 is approximately 1.07%, indicating a stable growth pattern in the wheat import sector.
For future trends to watch for, it will be critical to monitor global wheat production levels, trade policies, and Vietnam's domestic agricultural developments. Changes in consumer demand and potential disruptions in supply chains could also impact import volumes.
