In 2023, the import value of Polymethyl Methacrylate (PMMA) to Vietnam stood at 26.036 million USD. The forecasted data from 2024 to 2028 shows a steady increase in the import value of PMMA, starting at 26.691 million USD in 2024 and reaching 29.284 million USD by 2028. The year-on-year percentage variation indicates a consistent growth of approximately 2.5% to 2.6% per annum. Specifically, for the past two years (2023 to 2024 and 2024 to 2025), the YOY growth rates were around 2.52% and 2.50%, respectively. The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is estimated at 2.34%.
Future trends to watch for include potential fluctuations in global PMMA prices, any regulatory changes affecting imports, technological advancements in materials that could alter demand, and overall economic conditions in Vietnam that might impact industrial activities and, consequently, the demand for PMMA.
