In 2023, the import of diesel-powered buses to Viet Nam reached 1.25 million kilograms. Forecasted data from 2024 to 2028 indicate a consistent decline: 2024 (1.1326 million kg), 2025 (1.0014 million kg), 2026 (0.87283 million kg), 2027 (0.74682 million kg), and 2028 (0.62334 million kg).
The year-on-year variation reveals a downward trend, with the import value decreasing by approximately 11.6% from 2023 to 2024, 11.6% from 2024 to 2025, 12.9% from 2025 to 2026, 14.4% from 2026 to 2027, and 16.5% from 2027 to 2028. The compound annual growth rate (CAGR) measures an average annual decrease of 11.6% over the five-year forecast period.
Future trends to watch for include the increasing adoption of electric buses, stricter environmental regulations, and advancements in public transportation infrastructure, which may contribute to the continued decline in diesel-powered bus imports. Monitoring policy changes and technological developments in electric vehicles will be essential for understanding long-term impacts on diesel bus imports.
