The sold production of aluminium foil in Austria experienced fluctuations from 2014 to 2023, starting at 61.577 million kilograms in 2014 and reaching 62.566 million kilograms in 2023. Key variations included a notable decline of 16.95% in 2020 due to market disruptions, followed by a significant recovery in 2021 with a 20.56% increase. The Compound Annual Growth Rate (CAGR) over the past five years stands at 0.26%.
Looking ahead, the forecast indicates steady growth with an average annual increase of 0.05% CAGR from 2024 to 2028, reaching 62.759 million kilograms by 2028. Future trends to watch for include advancements in manufacturing technology, evolving environmental regulations, and changes in global demand that could affect production volumes.
