| Year | Value (Thousand Metric Tons) | Year-on-Year Variation (%) |
|---|---|---|
| 2024 | 15.96 | -- |
| 2025 | 12.14 | -23.95% |
| 2026 | 8.39 | -30.91% |
| 2027 | 4.71 | -43.86% |
| 2028 | 1.11 | -76.42% |
CAGR (2024-2028): -50.93%
With production forecasted to decline sharply year-on-year, a continued downward trend in barite production is expected in Vietnam. Key trends to watch will include shifts in global demand, regulatory changes, and potential technological advancements within the industry that may impact production capabilities.
