The honey market size in Austria was recorded at 9 thousand metric tons in 2023, unchanged from the previous year. From 2014 to 2023, the market witnessed fluctuations, peaking in 2014 and 2017 at 11 thousand metric tons and hitting a low in 2018 at 9 thousand metric tons. Notably, since 2018, the market has stabilized at 9 thousand metric tons.
The year-on-year variations over the last two years (2022 and 2023) were both stable at 0%, indicating market steadiness. The CAGR over the past five years (2019-2023) was 0%, signifying no growth or decline over this period.
Forecasts suggest a gradual decline, with the market projected to fall to 8 thousand metric tons by 2028. The expected CAGR from 2023 to 2028 is -2.33%, amounting to an 11.11% overall decrease over five years.
Future trends to watch for include potential impacts of climate change on honey production, shifts in consumer preferences towards organic products, and the influence of global honey supply dynamics. Monitoring innovations in beekeeping techniques and their adoption could also play a significant role in shaping future market sizes.
