Based on the forecasted data, the import of aluminium oxide to Viet Nam is expected to rise consistently from 2024 to 2028. In 2023, the import value stood at 19.427 million US Dollars. The year-on-year variations show an upward trend, with an approximate increase of 3.58% from 2024 to 2025, 3.38% from 2025 to 2026, 3.21% from 2026 to 2027, and 3.04% from 2027 to 2028. The cumulative average growth rate (CAGR) over these five years is approximately 3.30% per year.
Future trends to watch for include the impact of global pricing fluctuations, potential shifts in Vietnamese industrial demand, and any regulatory changes in trade policies affecting aluminium oxide imports. Additionally, watch for technological advancements in the production or recycling of aluminium that could influence import needs.
