The import of electronic integrated circuits to Austria has shown significant variability over the past years. The value reached 40.306 million items in 2023. After a peak in 2016 at 31.05 million items, imports fluctuated, experiencing a sharp decline in 2019, followed by a substantial increase in 2020 and moderate growth since then.
Year-on-year variations for the last two years indicate a mixed trend: a decline of 19.44% in 2022 followed by a growth of 3.32% in 2023. The compound annual growth rate (CAGR) over the past five years stands at 8.05%, suggesting a moderate positive trend overall.
Forecasted data from 2024 to 2028 shows a steady increase in imports, with an estimated CAGR of 2.3%. By 2028, imports are expected to reach 46.592 million items, representing a 12.03% growth from 2024.
Future trends to watch for include technological advancements in integrated circuits, global semiconductor demand, and potential supply chain disruptions. Monitoring these factors will be crucial in predicting further import trends in Austria.
