From 2013 to 2023, imports of food products with cocoa to Austria showed significant fluctuations. Standing at 6.5864 million kilograms in 2023, volumes experienced varied year-on-year changes, with a notable drop in 2014 (-22.76%) and a substantial increase in 2016 (47.72%). Over the last five years, from 2018 to 2023, the CAGR was 3.78%. Year-on-year changes for 2022 and 2023 were -0.41% and 1.22% respectively.
Future trends to watch for:
- Forecasted growth stabilizes with a forecasted CAGR of 0.9% from 2024 to 2028
- Overall growth rates indicating a rise from current levels to 6.9721 million kilograms by 2028
- External factors such as global cocoa production, trade policies, and consumer preferences could influence future import volumes