The export volume of crude or roughly trimmed granite from Austria has seen significant fluctuations over the past decade. As per the data, the export volume stood at 6.8629 million kilograms in 2023. Historical year-on-year variations indicate a volatile market with substantial increases and sharp declines. Specifically, the export volume showed a considerable drop from 2016 to 2018, followed by periodic ups and downs, including a decline of 13.5% in 2023. Further, the average growth rate over the last five years, as indicated by the CAGR, has been negative, reflecting an overall diminishing trend.
Looking ahead, the forecast suggests a continued decline in export volumes, with an expected drop to 1.2429 million kilograms by 2028. The forecasted 5-year CAGR is at -26.14%, indicating a steep downtrend with an overall decrease of 78.02% over the next five years.
Future trends to watch for include:
- Potential impacts of global economic conditions on demand for granite.
- Changes in trade policies and tariffs affecting granite exports.
- Technological advancements in quarrying and transportation that may affect production costs.
- Shifts in global supply chains and competition from alternative materials.
