The import value of Aluminium Fluoride to Vietnam stood at 63.8 Thousand US Dollars in 2023. Over the last two years, imports experienced steady growth: a 3.8% increase in 2022 and a 3.59% rise in 2023. Looking at the historical data, the market has shown significant fluctuations, especially a substantial increase of 359.83% in 2016 and a significant drop of 52.59% in 2014. The Compound Annual Growth Rate (CAGR) over the last five years has been consistently low, averaging at around 4.06%. Forecast data suggest a stable upward trend with a projected CAGR of 2.61% through 2028.
Future Trends to Watch For:
- Impact of global supply chain dynamics on import costs.
- Development of local manufacturing capacities for Aluminium Fluoride.
- Shifts in demand due to technological advancements or policy changes in industries using Aluminium Fluoride.
