The cereals production in Austria has shown fluctuations over the past decade. In 2013, a decrease was observed, followed by a significant increase in 2014. However, subsequent years saw variable trends, with notable decreases in 2015 and 2017, and a generally declining trend continuing through 2023, which stood at 4.62 million metric tons. In 2024, the forecasted production marks the beginning of a gradual decrease in volumes, closing at 4.52 million metric tons in 2028.
- 2013: -5.83% YoY, -4.42% CAGR
- 2014: 24.7% YoY, 2.16% CAGR
- 2015: -15.89% YoY, 0.0099% CAGR
- 2016: 18.01% YoY, -0.11% CAGR
- 2017: -14.4% YoY, -0.044% CAGR
- 2018: -1.23% YoY, 0.91% CAGR
- 2019: 1.19% YoY, -3.22% CAGR
- 2020: -5.38% YoY, -0.91% CAGR
- 2021: 4.85% YoY, -3.23% CAGR
- 2022: -0.39% YoY, -0.25% CAGR
- 2023: -0.38% YoY, -0.08% CAGR
Future trends to watch for include the impact of climate change on cereal yields, potential technological innovations in agriculture, and changes in both domestic and international market demands. Monitoring policy decisions that affect agricultural practices will also be crucial in understanding future production trends.
