Austria's exports of non-metallic minerals have shown fluctuations over the past decade. The period from 2013 to 2023 witnessed several ups and downs, with a sharp decrease in 2020 followed by a significant rebound in 2021. As of 2023, the volume of exports stood at 9.51 million metric tons. The year-on-year variation from 2022 to 2023 was a modest 0.72%, while the CAGR over the last five years up to 2023 was 0.39%. Looking ahead, the forecast period from 2024 to 2028 suggests a stable growth trajectory with a projected CAGR of 0.58% and an overall growth rate of 2.91%.
Future trends to watch for include:
- Technological advancements in mineral extraction and processing impacting export volumes.
- Global economic conditions and demand for Austrian non-metallic minerals.
- Environmental regulations and sustainability practices influencing production and export capacity.
- Geopolitical factors and trade policies affecting international market access and competitiveness.