Centrifugal raw sugar production in Austria has experienced fluctuating trends from 2013 to 2023, peaking at over 522.4 thousand metric tons in 2013 but declining to around 364.3 thousand metric tons in 2023. Over the last two years, there has been a minor decrease in production, with a year-on-year variation of -1.95% for both 2022 and 2023. The compound annual growth rate (CAGR) over the past five years stands at -1.74%, projecting a downward trend over the forecast period.
Key Future Trends to Watch for:
- Changes in EU agricultural policies impacting sugar production volumes.
- Market shifts due to evolving consumer preferences towards sugar alternatives.
- Technological advancements in sugar production processes.
