Austria’s oilseeds production is forecasted to steadily increase from 386.41 thousand metric tons in 2024 to 387.56 thousand metric tons by 2028. Comparing 2023 to 2024, a slight uptick is observed. Year-on-year variations are minimal, reflecting a stable growth pattern with the average annual growth rate (CAGR) being moderate over the last 5 years.
Future trends to watch for in the oilseeds market include potential impacts from climate change on crop yields, technological advancements in agricultural practices, and fluctuations in global demand and pricing. Close monitoring of these factors will be crucial for accurately projecting future production trends.