The corn consumption in Vietnam has been observed at 1.45 million metric tons in 2023. Forecasted data suggests a steady increase over the next five years: 1.47 million metric tons in 2024, 1.49 in 2025, 1.51 in 2026, 1.52 in 2027, and 1.54 in 2028. The year-on-year variation in percentage from 2023 to 2024 is approximately 1.38%, from 2024 to 2025 is 1.36%, from 2025 to 2026 is 1.34%, from 2026 to 2027 is 0.66%, and from 2027 to 2028 is 1.32%. The Compound Annual Growth Rate (CAGR) from 2023 to 2028 stands at approximately 1.24%.
Future trends to watch for include technological advancements in agriculture, changes in dietary habits, and potential shifts in trade policies. These factors could significantly impact both the supply and demand for corn in Vietnam.
