In Austria, the volume of Oilseeds Seed has consistently remained at 7.0 Thousand Metric Tons from 2016 through 2023, indicating no variation in the last years, with a value of 7.0 Thousand Metric Tons in 2023. Between 2015 and 2016, there was a significant increase of 40%, but from 2017 onwards, the volume stabilized. The Compound Annual Growth Rate (CAGR) was 3.13% between 2014 and 2019 and 6.96% between 2015 and 2020. However, no growth rate has been registered in recent years, resulting in a 0% CAGR over the last five years from 2019 to 2023.
Looking ahead to future trends, one should consider the impact of changing agricultural practices, climatic conditions, and shifts in market demand. These factors could influence the steady forecast and potentially lead to variations in the coming years.