Reviewing the data on Austria's nuts imports from 2013 to 2023, we observe a gradual increase from 41.36 thousand metric tons in 2013 to 48.91 thousand metric tons in 2023. This trend reflects overall growth with periodic fluctuations. Significant growth occurred in 2017 and 2020 with +6.26% and +9.33% year-on-year increases respectively, indicating higher demand during these years. Conversely, there were declines in 2016 and 2021 at -0.033% and -7.35% respectively. The Compound Annual Growth Rate (CAGR) over the past five years was 0.71%, indicating a moderate but steady upward trend.
Future trends to watch for include:
- The forecasted continual increase in imports, projected to reach 50.21 thousand metric tons by 2028.
- Anticipated changes in import patterns due to potential shifts in supplier markets or domestic policies affecting trade.
- A forecasted 5-year CAGR of 0.4% suggests more stable growth, shifting focus toward sustainable supply chain practices.