Austria's grapes production has shown varied trends in recent years. In 2023, the production stood at 326.32 Thousand Metric Tons. From 2013 to 2023, the production has seen significant fluctuations, with notable declines in 2014 and 2016, interspersed with growth spikes in years like 2017 and 2018. The average annual change over the last five years was relatively stable with a modest increase.
Recent year-on-year changes:
- 2022-2023: 0.22%
- 2021-2022: 0.23%
The Compound Annual Growth Rate (CAGR) suggests a slight decline of -2.33% over the last five years up to 2023. Moving forward, the forecast indicates a steady, positive trend with a forecasted 5-year CAGR of 0.18% by 2028, though growth remains modest.
Future trends to watch for include the impact of climate change on grape yields, technological advancements in viticulture, and potential shifts in global demand for Austrian grapes. These factors could influence both the volume and value of grape production in the region.
