The pulp, paper, and paperboard turnover in Austria demonstrated a mixed trend from 2013 to 2023. The turnover decreased slightly between 2013 and 2015, then experienced moderate growth from 2016 to 2017. A significant surge occurred in 2018, with a sharp increase continuing through to 2023 where it stood at 9.12 billion Euros. The year-on-year percentage variations indicated substantial growth in 2018 and consistent gains in subsequent years, with a 4.7% increase in 2023. The last five years saw an average annual growth (CAGR) of 4.12%. Future trends suggest steady growth, forecasting a 3.12% CAGR and a total 16.6% increase in value by 2028.
Future trends to watch:
- The potential impact of digitalization on paper consumption.
- Environmental regulations affecting production processes.
- Technological advancements in pulp and paper manufacturing.
- Shifts in global demand and supply dynamics.