Forecast: Oilseeds Domestic Extraction in Austria

In 2023, Austria's domestic extraction of oilseeds stood at 421.87 thousand metric tons. Forecasts from 2024 to 2028 show a very slight upward trend, with values incrementally increasing from 421.88 to 421.94 thousand metric tons. This represents a negligible year-on-year variation of approximately 0.005%, indicating a stable and minimally growing sector.

Trends to watch for in the future include potential impacts of global market demand shifts, changes in domestic agricultural policies, advancements in extraction technologies, and the potential effects of climate change on crop yields. Close monitoring of these factors will be essential for making informed strategic decisions.