The import volume of semi- or wholly milled or broken rice to Austria has shown moderate fluctuations over the years. After reaching 41.304 million kilograms in 2020, the volume experienced a decline to 34.94 million kilograms in 2021 before rebounding to 38.946 million kilograms in 2023. The compound annual growth rate (CAGR) over the past five years stands at approximately 1.24%, indicating a modest upward trend.
Future projections suggest a continued steady increase in import volumes, estimated to reach 41.269 million kilograms by 2028. The forecasted five-year CAGR is approximately 0.92%, translating to an overall growth rate of 4.69% over this period.
Future trends to observe include:
- Potential impacts of global rice supply chain disruptions on import volumes.
- Changes in consumer preferences and dietary patterns impacting rice demand.
- Price fluctuations in the global rice market and their effects on import quantities.
- Policy changes and trade agreements affecting Austria's rice imports.