Analyzing the pig production in Austria from 2013 to 2023 reveals a general downward trend with some fluctuations. In 2023, production stood at 574.4 thousand metric tons. Over the last two years, the year-on-year variations were -0.33% in 2022 and -0.31% in 2023. Looking at the compounded annual growth rate (CAGR) over the last five years (2018-2023), we observe a decline at an average rate of -0.26% per year.
Future trends to watch for in the coming years include forecasted continuous decline at a CAGR of -0.26% through 2028. Monitoring potential impacts of economic changes, environmental policies, and advancements in agricultural practices will be crucial for understanding the future landscape of pig production in Austria.
