Based on the actual and forecasted data, Austria's domestic material consumption of Bauxite showed significant fluctuations from 2013 through 2023, reaching 279.61 thousand metric tons in 2023. Notable increases were seen in 2014 (17.8%) and 2015 (38.79%), while significant declines occurred in 2013 (-43.76%) and 2020 (-22.02%). The Compound Annual Growth Rate (CAGR) over the last five years (2019-2023) was -1.69%, reflecting an overall downward trend in recent years.
Future trends to watch for include:
- Modest growth is projected, with a forecasted 5-year CAGR of 0.11% from 2024 to 2028, indicating stability in Bauxite consumption.
- Attention should be paid to market developments and policy changes affecting import-export dynamics and domestic production capabilities.
