The import of cotton to Austria has shown fluctuations over the past years with varying degrees of growth and decline. In 2023, cotton imports stood at 267.34 million US dollars. Between 2019 and 2023, import values exhibited minor year-on-year changes around the 0.32% to 0.35% range, reflecting a stabilization period. The compound annual growth rate (CAGR) for the last five years was recorded at 0.78%, indicating marginal negative growth. Future projections suggest modest growth, with a forecasted CAGR of 0.24% up to 2028.
Future trends to watch for include potential shifts in global cotton markets, changes in trade policies, and economic conditions that may impact import volumes. Increased focus on sustainable and ethical sourcing could also influence cotton import patterns.