The production value of knitted and crocheted fabrics in Austria has shown fluctuations over the past decade. In 2013, the value stood at 81.8 million Euros, reaching a peak of 120.9 million Euros in 2014 before experiencing some declines and rebounds. By 2023, the value was 119.0 million Euros. This indicates a gradual recovery and growth with a year-on-year increase of 5.12% from the previous year. The compound annual growth rate (CAGR) over the last 5 years is relatively minor at 0.034%.

Looking ahead, the production value is expected to continue growing steadily, projected to reach 125.7 million Euros by 2028. The forecasted 5-year CAGR is 0.83%, implying moderate yet consistent growth. The trends indicate resilience and a positive outlook in this sector.

Future trends to watch for:

Technological advancements in textile manufacturing.
Shifts in consumer preferences toward sustainable and eco-friendly fabrics.
Potential impacts of global trade policies and economic conditions on the textile industry.
Innovation in fabric applications and increased demand in emerging markets.