Forecast: Hemp Yield in Austria

In 2023, the hemp yield in Austria stood at 3.85 metric tons per hectare. Forecasts for the upcoming years indicate a slight decrease, with the yield projected to be 3.84 in 2024, 3.81 in 2025, 3.80 in 2026, 3.78 in 2027, and 3.77 in 2028. The year-on-year variation shows a small decline, with the yield decreasing by approximately 0.78% between 2024 and 2025, and 0.26% between 2026 and 2027. Over the past five years, the CAGR reflects a minor negative growth in yield.

Future trends to watch for:

  • Technological advancements in agriculture that could counteract the declining yield.
  • Changes in climate conditions impacting hemp cultivation.
  • Policy and regulatory changes that may affect hemp farming practices.

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