The import volume of alcoholic beverages in Austria shows fluctuating trends over the past decade. In 2023, the volume stood at 249.0 Thousand Metric Tons, reflecting a minimal year-on-year growth of 0.4%. Historically, from 2014 to 2023, significant variations have occurred, such as a sharp increase of 23.08% in 2016 and a notable decline of 16.32% in 2020. The 5-year CAGR from 2019 to 2023 is approximately 0.24%, indicating a stabilizing trend after periods of volatility. The forecast data suggest a moderate but steady growth with a forecasted 5-year CAGR of 0.43%, pointing towards a gradual increase to 255.0 Thousand Metric Tons by 2028.
Future trends to watch for include:
- Emerging market preferences and shifts in consumer behavior may influence import volumes.
- Regulatory changes and trade agreements could impact import dynamics.
- Potential market disruptions or advancements in the alcoholic beverage industry.