The production value in the manufacture of sports goods in Austria saw fluctuations over the last decade. It began at €17.8 million in 2013, dropped to €12.9 million by 2015, and rebounded to €19.0 million in 2020. As of 2023, the value stood at €15.1 million. Year-on-year variations highlight significant decreases, notably in 2015 and 2021, interspersed with periods of growth, such as in 2020.
The last two years showed a downward trend with negative year-on-year variations in both 2022 and 2023. The CAGR over the past five years was -0.52%. Forecasts for the next five years predict a continued decline, with a 5-year CAGR of -1.39% and an overall decrease of 6.76% by 2028.
Future trends to watch for include potential impacts of technological advancements on production efficiency, shifts in consumer preferences towards sustainable products, and economic recovery post-global disruptions, which may influence market dynamics and demand for sports goods in Austria.
