The import of Polypropylene in Primary Forms to Austria has shown variability over the past years. Starting from 160.54 Million Kilograms in 2013, there have been significant fluctuations, with 2023 standing at 224.65 Million Kilograms. The last two years saw a year-on-year variation of -4.55% in 2022, followed by a recovery to 2.62% in 2023. The average annual variation over the last five years (CAGR) has been 1.65%.
The forecast indicates a steady growth trend from 2024 onwards, with an expected increase to 252.45 Million Kilograms by 2028. The forecasted average annual growth rate (CAGR) for the next five years is anticipated to be around 1.85%, representing a total growth of 9.61% over this period.
Trends to watch for in the future include potential impacts of regulatory changes, shifts in global supply chains, advancements in polypropylene production technology, and broader economic factors that could influence demand and supply dynamics in international trade.
