Between 2013 and 2023, Austria's non-coniferous sawnwood production exhibited significant volatility. From a low of 126.0 thousand cubic meters in 2015, production rose to a peak of 238.0 thousand cubic meters in 2022. The compound annual growth rate (CAGR) from 2018 to 2023 was 5.79%, highlighting a period of strong growth punctuated by notable increases in 2019 and 2022. Particularly, production in 2020 saw a drastic decline of 21.66%, likely attributable to external market disruptions. The year-on-year growth stabilized at 0.19% in 2023.
Forecasts predict a modest growth in production, with the CAGR for the next five years (2024-2028) averaging at 0.24%. By 2028, production is expected to reach approximately 242.01 thousand cubic meters, indicating a stable but slow growth trajectory.
Future trends to watch for include potential impacts of sustainability regulations on production practices, technological advancements in wood processing, and fluctuations in global demand for non-coniferous sawnwood.
