Austria's nursery plants production has demonstrated varied growth rates over the past decade. From 2013 to 2023, the sector grew from €106.69 million to €151.46 million. Significant fluctuations include a peak growth of 12.72% in 2015 followed by a dip of -3.4% in 2019. Recent years show moderated growth with a 2.22% increase in 2023. The compound annual growth rate (CAGR) over the past five years stands at 2.53%, indicating a steady but gradual increase.
The forecast from 2023 to 2028 indicates a slower growth trajectory with a CAGR of 1.02%, culminating in an estimated €162.95 million by 2028. Key trends to monitor include advances in agricultural technology, climate change impacts, and shifts in consumer preferences towards sustainable products.
