The agricultural products and livestock output in Austria experienced moderate growth between 2013 and 2020, with a significant surge starting from 2021. In 2023, the value stood at €11.78 billion, indicating a strong increase. The year-on-year variation for 2023 was 11.58%, while the Cumulative Annual Growth Rate (CAGR) over the past five years was 9.69%. The forecast for the year 2028 indicates an expected CAGR of 6.43% with a total growth rate of 36.54% over five years. This future growth suggests a continued positive trend for Austria’s agricultural output.

Future trends to watch for:

Advancements in agricultural technology and sustainable farming practices.
Increasing demand for organic and locally sourced products.
Impact of climate change on crop yields and livestock production.
Policy changes and subsidies from the European Union affecting the agricultural sector.