The production value of paper and paperboard machinery in Austria showed a fluctuating trend from 2013 to 2023. There were notable peaks in 2015 and 2019, reaching 1.19 and 1.11 billion Euros, respectively. However, significant declines were observed in years such as 2014 and 2016. By 2023, the production value stood at 0.9889 billion Euros, with a year-on-year growth of 2.03%. The average annual growth rate (CAGR) over the last five years was 1.76%, indicating moderate growth.
Future projections indicate a slight decline in production value, with a forecasted 5-year CAGR of -0.41% and an overall decrease in value by 2028. Specific trends to watch include:
• Potential shifts in demand for paper products which could affect machinery production.
• Technological advancements that may enhance machinery efficiency and productivity.
• Environmental regulations impacting the production processes and machinery upgrades.
• International trade dynamics and their implications on exports and imports of paper and paperboard machinery.