The forecasted data for the import of woven fabric of glass fibres to Austria shows a steady increase. Starting from 76.797 million USD in 2024, the import value is expected to grow to 78.533 million USD by 2028. Reviewing the year-on-year variations, we can observe incremental increases each year: 0.58% from 2024 to 2025, 0.56% from 2025 to 2026, 0.55% from 2026 to 2027, and 0.54% from 2027 to 2028. If we consider the last 5 years, the compound annual growth rate (CAGR) indicates an average annual growth of approximately 0.55%.
In 2023, the import value stood at 76.797 million USD. This provides a baseline to assess the forecasted growth within the next 5 years. Given these moderate increases, future trends to watch for include potential shifts in global trade policies, advancements in glass fiber technologies, and fluctuations in demand from key industry sectors. Environmental regulations might also impact production methods and international trade, influencing future import values.
