The hard cheese production in Austria in 2023 stood at 49.9 thousand metric tons. Over the past decade, production has generally trended upwards with certain fluctuations. After witnessing an 18.12% increase in 2014, growth rates have varied significantly, including decreases in 2018 and 2020. However, from 2019 onwards there has been a more stable trend with noticeable production rebounds, leading to a recent 3.92% increase in 2023 on a year-on-year basis.
Key past trends include:
- Strong growth in early years, especially 2014.
- Fluctuations from 2018 to 2020.
- Stabilized and incremental growth from 2021 onwards.
Looking forward, hard cheese production is forecasted to increase steadily, reaching 54.43 thousand metric tons by 2028. The expected compounded annual growth rate (CAGR) over the next five years is 1.39%, with a total growth rate of 7.12% by 2028. Future trends to watch include technological advancements in production, shifts in consumer preferences, and potential impacts of regulatory changes on the dairy industry.
