The import of asbestos brake linings and pads to Austria is forecasted to decrease steadily from 2024 to 2028. In 2024, the import value stands at $3.7487 million, declining to $2.4037 million by 2028. This marks a significant contraction over the forecast period. For a better understanding, let's consider the annual variations: a 9.2% decrease in 2025, a 10% decrease in 2026, an 11% decrease in 2027, and a 12% decrease in 2028. The Compound Annual Growth Rate (CAGR) between 2024 and 2028 is projected to be -11.05%.

Future trends to watch for:

Regulations on asbestos use may tighten, further impacting import volumes.
Emergence of alternative brake pad materials could accelerate the decline in asbestos brake linings' demand.
Global market shifts and technological advancements in automotive safety could play a significant role in shaping future imports.