The import volume of Asbestos Friction Material, excluding brake articles, to Austria has experienced fluctuations from 2013 to 2023. In 2023, the import volume stood at 83.9 thousand kilograms. Over the last two years, there has been a slight decline, with values dropping by -2.9% in both 2022 and 2023. The compound annual growth rate (CAGR) over the past five years (2018-2023) indicates an average annual decrease of -4.89%.
For future trends, the forecasted data from 2024 to 2028 suggests a continuous downward trajectory with a projected 5-year CAGR of -2.71%. This implies that by 2028, the import volume may decline by approximately -12.85% compared to current levels. Factors such as regulatory changes, alternative materials, and environmental considerations will likely influence this trend.
