The value of Chicory and Lettuce gross production in Austria stands at 18.3 million US Dollars PPP for the year 2024. This value represents the start of the forecasted period, with projections showing a steady increase to 18.46 million in 2025, 18.62 million in 2026, 18.77 million in 2027, and 18.93 million by 2028. Comparing 2023 to 2024, there is no indication of prior values to establish a base year comparison.
Year-on-year growth varies between approximately 0.87% to 0.91% over the forecasted period, suggesting a consistent upward trend. Over the last two years, the rate of increase is similar, while the compound annual growth rate (CAGR) from 2024 to 2028 remains steady at about 0.88% per year.
Future trends to watch for include potential shifts in agricultural policy, climatic conditions affecting yields, and market demand fluctuations which may all impact gross production values. Additionally, technological advancements in farming practices could contribute to higher efficiency and production levels.
