The importation of sawdust and wood waste and scrap to Viet Nam has shown significant fluctuations over the past decade. From a low of $174.83 thousand in 2013, the import value surged dramatically to $1,391.6 thousand in 2014, exhibiting a year-on-year growth of 695.96%. Despite a subsequent decline in 2015, imports generally trended upwards, reaching $1,459.6 thousand by 2023. The year 2023 saw a 3.92% increase from the previous year, with a 5-year CAGR of 4.47%. Forecasts indicate a steady growth pattern, projecting a value of $1,747.4 thousand by 2028, with a forecasted 5-year CAGR of 2.83%, indicating a 14.95% increase over this period.

Future trends to watch for:

Global market conditions affecting wood waste supply and demand.
Policies and regulations regarding the importation and utilization of wood waste in Viet Nam.
Technological advancements in recycling and alternative uses for wood waste.
Economic factors influencing the construction and manufacturing sectors in Viet Nam.