The import of halogenated derivatives of hydrocarbons to Austria in 2023 stood at 19.694 million USD. From 2013 to 2023, the market has experienced significant fluctuations, marked by a notable decline in 2014 and a recovery starting in 2017. In recent years, growth rates have stabilized, with a minor year-on-year increase of 0.33% from 2022 to 2023. The Compound Annual Growth Rate (CAGR) over the last five years has been -0.97%, indicating a slight decline.
Looking ahead, the forecast for the next five years shows a stable but modest growth pattern, with a forecasted CAGR of 0.28% and an overall expected growth rate of 1.42% through to 2028. This suggests a period of relative stability, with gradual increases year-on-year.
Future trends to watch for:
- Potential impacts of regulatory changes on chemical imports.
- Shifts in global supply chains, particularly from key exporting countries.
- Technological advancements in alternative chemicals and derivatives.
