The forecast for the import of preparations and charges for fire-extinguishers to Viet Nam shows a steady upward trend from 2024 to 2028. The value increases from $3.1171 million in 2024 to $3.5179 million in 2028. This consistent growth indicates a positive annual year-on-year variation, emphasizing a stable demand in the Vietnamese market. In 2023, the actual value stood at $3.0151 million, representing a minor increase reflecting the same pattern of growth.
- Year-on-year variation for 2024-2025: approximately 3.3%
- Year-on-year variation for 2025-2026: approximately 3.1%
- Year-on-year variation for 2026-2027: approximately 3.0%
- Year-on-year variation for 2027-2028: approximately 2.8%
- Compound Annual Growth Rate (CAGR, 2024-2028): approximately 3.0%
Future trends to watch for include technological advancements in fire-extinguishing materials and greater investment in fire safety due to urbanization and industrial growth in Viet Nam. Additionally, increased regulatory requirements for fire safety standards could further boost import demand.
