Vietnam’s table grapes import volume has shown a mixed trend over the past decade, with significant growth spurts and occasional declines. Between 2013 and 2023, the import volume varied notably, with a peak in 2020 at 147.3 thousand metric tons, followed by a substantial drop in 2021 to 99.2 thousand metric tons. The year 2022 saw a robust recovery with imports reaching 135.0 thousand metric tons, and a modest increase to 141.4 thousand metric tons in 2023. The CAGR over the last five years (2019-2023) is around 7.17%, representing a steady growth trajectory despite the fluctuations.
Future trends from 2024 onwards indicate continued growth in imports, with projections suggesting an increase to 182.06 thousand metric tons by 2028, reflecting a CAGR of approximately 3.99%. This steady increase indicates a positive outlook for the table grapes market in Vietnam, albeit at a slower growth rate compared to previous years.
Trends to watch for:
- Potential economic factors influencing import capacity and demand.
- Changes in consumer preferences and dietary trends.
- Impact of trade policies and import regulations.
- Fruit supply chain developments and logistics improvements.
- Possible climate impact on grape production in exporting countries.
