The production volumes of agriculture, forestry, and seafood in Austria have demonstrated a generally positive growth trend from 2013 to 2023, reaching a value of 10.21 Billion Euros in 2023. The year-on-year variation observed over the last two years indicates a steady increase of 0.65% in 2022 and 0.63% in 2023. Over the past five years, the compound annual growth rate (CAGR) stands at 0.53%, reflecting moderate consistent growth.
Observing the forecasted data, production volumes are expected to continue experiencing gradual growth, with a forecasted five-year CAGR of 0.51% and an overall growth rate of 2.58% by 2028.
Future trends to watch for include potential impacts of climate change on agriculture, advancements in sustainable farming technologies, policy changes affecting the forestry sector, and the influence of global seafood market dynamics on local production.
