Forecast: Mutton and Goat Meat Production in Austria

Mutton and goat meat production in Austria remained stable from 2014 to 2019 at 7.0 thousand metric tons, with a slight drop to 6.65 thousand metric tons in 2020, followed by a return to 7.0 thousand metric tons through 2023. The year 2015 saw a 12.5% year-on-year decrease. Between 2020 and 2021, there was a 5.26% increase. Year-to-year variation has shown minor fluctuations, and over the last 5 years leading to 2020, the CAGR was -2.64%. For 2021-2023, the CAGR stands at 0% indicating stabilization.

From 2024 onward, forecasts suggest a gradual decline, with the value for 2028 at 6.76 thousand metric tons. The 5-year compound annual growth rate (CAGR) from 2024 to 2028 is forecasted to be -0.49%, translating to a cumulative drop of 2.44% over this period.

In summary, while mutton and goat meat production in Austria has historically been stable, the future indicates a slight downward trend. Factors to monitor include potential changes in consumer demand, livestock health issues, and economic impacts that may accelerate or temper this decline.

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