The ornamental plants and flowers taxes in Austria showed a stable trend from 2013 to 2016, maintaining a value of 100 Thousand Euros across these years. A notable decline began in 2017, with a sharp drop to 90 Thousand Euros, followed by a significant decrease to 70 Thousand Euros in 2018, which remained stable until 2020. The value further decreased to 60 Thousand Euros in 2021, but rebounded to 70 Thousand Euros in 2022. A substantial recovery occurred in 2023 with an increase to 90 Thousand Euros, where it stands currently in 2024. The forecast for 2024 to 2028 shows a stabilization at 90 Thousand Euros.
Recent years have shown considerable variations:
- 2021: -14.29%
- 2022: +16.67%
- 2023: +28.57%
The CAGR over the last five years stands at +5.15%, indicating an average annual growth.
Future trends to watch for include the impact of economic fluctuations, potential policy changes, and shifts in consumer preferences towards ornamental plants and flowers. Monitoring these factors could provide insights into further growth or declines in the tax values.
