Forecast: Grapes for Wines Harvested Production in Austria

The harvested production of grapes for wines in Austria stood at 314.36 Thousand Metric Tons in 2023. Analyzing historical data, the production has fluctuated significantly over the past decade, with notable variability year-on-year. From 2013 to 2023, the lowest annual production was 260.34 Thousand Metric Tons in 2016 and the highest was 367.13 Thousand Metric Tons in 2018. Year-on-year variations can be substantial as seen in 2017 with an increase of 27.31% and 2023 where production decreased by 6.72%. The compound annual growth rate (CAGR) presents an average -0.03% reduction over the last five years, indicating a general stagnation in growth.

For 2024 through 2028, forecasted data predicts marginal declines in production, reflected by a minimal -0.03% forecast CAGR. Future trends to watch for include potential impacts of climate change, technological advancements in viticulture, and evolving global and local demand dynamics which could disrupt or stabilize this forecast.

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