The import of fresh apples to Vietnam has shown significant growth from 2013 to 2023, with a value standing at 83.77 million USD in 2023. The year-on-year variation for 2022 and 2023 shows a steady increase of 4.66% and 4.36% respectively. Over the last five years, the compound annual growth rate (CAGR) averaged at 5.03%, indicating consistent growth in the import market.
Future trends to watch for include:
- Continued growth in fresh apple imports with an expected 5-year CAGR of 2.83% from 2024 to 2028.
- A forecasted 14.97% growth rate between 2023 and 2028, suggesting a positive outlook for fresh apple imports into Vietnam.
Monitoring consumer preferences and potential trade agreements would provide further insights into the market dynamics.