Based on the given data, the import of dried grapes to Viet Nam is expected to increase consistently from 2024 to 2028. The values forecasted are $6.6312 million in 2024, $6.8203 million in 2025, $7.0056 million in 2026, $7.1871 million in 2027, and $7.3651 million in 2028. It's important to note that the series is expressed in value (Million US Dollars).
In comparison, the import stood at a certain value in 2023 (not provided in the dataset). The year-on-year variation from 2024 onwards shows small but steady growth percentages, hinting at a stable increase in demand for dried grapes over the next few years. The Compound Annual Growth Rate (CAGR) over this five-year period would underline a moderate average annual growth rate, reflecting a steady upward trend.
Future trends to watch for:
- Changes in consumer preferences towards healthier snacks, which may boost demand for dried grapes.
- Fluctuations in global dried fruit prices that could impact import values.
- Trade policies and tariffs affecting import costs.
- Economic conditions in Viet Nam that could influence purchasing power and import demand.
