The import of glass-ceramic ware for table kitchen use into Austria has fluctuated over the past decade, peaking in 2015 with a volume of 767.55 thousand kilograms and facing a significant drop in 2018 at 614.92 thousand kilograms. By 2023, the volume stood at 742.63 thousand kilograms, showcasing a steady increase from the previous year's 2.17% year-on-year growth. The compound annual growth rate (CAGR) over the last five years was 3.85%, indicating a moderate, yet consistent upward trend.
Future forecasts suggest continued growth, with the volume expected to increase to 825.13 thousand kilograms by 2028. This represents an overall growth rate of 8.57% from 2023, with a forecasted CAGR of 1.66% over the next five years, reflecting a deceleration compared to historical growth rates.
Future trends to watch for include:
- The impact of economic fluctuations and consumer spending habits on import volumes.
- Technological advancements in glass-ceramic manufacturing which may affect both quality and import levels.
- Changes in import regulations and trade agreements within the European Union and Austria’s trading partners.
