The wheat production in Austria is forecasted to experience a steady decline from 2024 to 2028. In 2023, the actual wheat production stood at 1.25 million metric tons. In 2024, the production is expected to decrease by 3.2% year-on-year to 1.21 million metric tons. This downward trend continues with annual declines of 2.5% in 2025, 3.4% in 2026, and 2.6% in 2027, reaching 1.07 million metric tons by 2028. The compound annual growth rate (CAGR) over these five years is -3.9%, indicating a consistent decrease in wheat production.
Future trends to watch for include the impact of climate change, advancements in agricultural technology, and possible shifts in domestic and global wheat demand. These factors will play a crucial role in shaping Austria's wheat production outlook.
