Forecast: Fisheries Exports in Austria

Over the years, Austria’s fisheries exports have shown variability with periods of both growth and decline. Starting from 2013, there was an initial drop in 2014 followed by a steady recovery. From 2018 onwards, the trend became consistently positive. In 2023, the value stood at $98.91 million USD, marking a near-continuous upward trajectory.

Year-on-year variation over the last two years indicates a steady growth of 2.81% in 2022 and 2.72% in 2023. The Compound Annual Growth Rate (CAGR) over the recent five years (2018-2023) averages 3.4%.

Future trends indicate a positive outlook with a forecasted average annual growth rate of 1.95% from 2024 to 2028, cumulating in an overall growth rate of 10.13%.

Trends to Watch For:

• Emerging markets and changes in global trade policies impacting export dynamics
• Technological innovations enhancing fisheries productivity
• Environmental regulations and sustainability initiatives