The beef meat production in Austria exhibited fluctuations from 2014 to 2023, standing at 236.0 thousand metric tons in 2023. The year-on-year variation in 2023 was 0.43%, with a CAGR of 0.17%. Notably, 2015 and 2018 saw significant increases of 3.14% and 3.08%, respectively. Conversely, 2020 experienced the most substantial decline at -4.59%. Overall, there has been a steady growth trend in recent years, with modest increase projections for the next five years.
Future trends to watch for:
- Impact of climate change on beef production
- Changes in consumer preferences toward plant-based diets
- Technological advancements in livestock farming
- Policy shifts and trade agreements affecting beef exports and imports