Forecast: Exports of Biomass for Food and Feed in Austria

The exports of biomass for food and feed in Austria are projected to increase steadily from 2024 to 2028. In 2023, actual exports stood at 16.41 million metric tons. Year-on-year variations indicate a positive growth trend, with 2024 expected to see a 1.34% increase, followed by subsequent rises of 1.38%, 1.3%, 1.29%, and 1.21% through 2028. The last CAGR indicates an average annual growth rate of 1.3% over the next five years.

Future trends to watch for include advancements in biotechnology that may boost biomass yield and quality, evolving EU regulations on biomass sustainability, and potential geopolitical impacts on trade dynamics. Monitoring these factors will be crucial for understanding and capitalizing on market opportunities.