The import of non-refractory mortars and concretes to Austria showed a mixed trend in the past decade. Initially, there was a significant drop from 2013's peak, followed by fluctuations characterized by occasional upticks notably in 2017. As of 2023, the imports stood at 284.37 million kilograms. In recent years, the imports witnessed slight variations, specifically a 0.99% year-on-year increase in 2023 and a 6.34% rise in 2022 compared to the previous year. This indicates a relatively stable but low-growth trend in recent periods.
Looking ahead, the forecasted average annual growth rate (CAGR) over the next five years is 0.8%, with imports expected to rise by 4.08% by 2028. This suggests a slow and steady increase in import volumes.
Future trends to watch for:
- Potential impact of sustainability and green building practices on import volumes.
- Fluctuations in global construction activities and their influence on Austrian imports.
- Economic policies and trade regulations affecting the construction material trade.