The vegetable oils import volume in Austria exhibited varied annual fluctuations. From 2014 to 2022, imports ranged from 439.0 to 451.0 thousand metric tons. Notably, 2015 and 2016 saw significant year-on-year increases of 4.56% and 4.14% respectively, before experiencing a notable decline in 2017 (-5.23%). The import volume remained relatively stable from 2018 to 2022, oscillating between 450.0 and 451.0 thousand metric tons. The compound annual growth rate (CAGR) for the past 5 years is -0.088%. Forecasts predict minor annual increments, with a 2028 forecasted import volume of 453.0 thousand metric tons and a 5-year CAGR of 0.09%, indicating a stable market.
Future trends to watch include potential impacts of economic and environmental policies on vegetable oil imports, rising health awareness possibly changing consumer preferences, and technological advancements in agricultural production.
