Analysis of the import of wooden kitchen furniture to Viet Nam indicates a varied growth pattern from 2013 to 2023. The value stood at 1184.1 thousand kilograms in 2023. Over the last two years, the year-on-year variation was 3.71% in 2022 and 3.51% in 2023, showing stable but moderate growth. Over the past five years (2018-2023), the compound annual growth rate (CAGR) averaged 3.96%, highlighting a consistent upward trend despite slight fluctuations.
From 2024 to 2028, the forecasted data suggests a continued moderate increase with a five-year CAGR of 2.56%, resulting in a 13.48% overall growth. Future trends to watch for include potential impacts of economic policies, trade agreements, and consumer preferences towards sustainable and locally-produced kitchen furniture which could influence import volumes and values further.