The sold production of shaped and processed flat glass in Austria has seen significant fluctuations from 2013 to 2023, starting at 2.8617 million square meters in 2013 and declining to 1.6801 million square meters in 2023. The period experienced sharp decreases, such as in 2021 when the value plummeted by 63%, and notable rebounds, especially in 2018 with a 109% year-on-year increase. Despite some years of recovery, the overall trend has shown a decline with the latest data reflecting a -5.69% year-on-year reduction in 2023 and a negative CAGR of -19.42% over the last five years. Looking forward, the forecast suggests a continued decrease, with a projected value of 1.1886 million square meters by 2028, representing a -5.53% CAGR.
- 2013: -7.5% YoY, 0.75% CAGR
- 2014: -7.56% YoY, 3.63% CAGR
- 2015: -10.69% YoY, -8.49% CAGR
- 2016: 11.1% YoY, -5.36% CAGR
- 2017: -9.83% YoY, -5.22% CAGR
- 2018: 109% YoY, 11.57% CAGR
- 2019: -49.3% YoY, -1.06% CAGR
- 2020: -4.08% YoY, 0.36% CAGR
- 2021: -63% YoY, -19.45% CAGR
- 2022: 100.15% YoY, -5.52% CAGR
- 2023: -5.69% YoY, -19.42% CAGR
- 2028 Forecast: -5.53% 5-year CAGR, -24.76% 5-year growth rate
Future trends to watch for include technological advancements in glass processing, economic factors impacting construction and automotive industries, and sustainability initiatives driving demand for energy-efficient and recycled glass products.
