The coffee export volume in Austria stood at 16.0 thousand metric tons in 2023, reflecting a year-on-year decline of 5.88%. Over the past two years, the export volume saw significant fluctuations; from 2021 to 2022, it remained stable at 17.0 thousand metric tons, but it dropped by 5.88% from 2022 to 2023. The last five years registered a compound annual growth rate (CAGR) of -1.21%, indicating a gradual decrease in coffee export volumes.
Looking at the longer trend, from 2014 to 2023, the export volume has shown peaks and troughs, with a high of 25.0 thousand metric tons in 2015 and a progressive decline from 2016 onwards. The notable year-on-year variations include a significant drop of 24% in 2016, followed by periods of slight growth or decline, indicating a volatile market.
Forecasted data from 2024 to 2028 suggest a continued downward trend, with the CAGR expected to be -1.75% over the next five years, leading to an anticipated 8.46% decrease in export volume by 2028.
Future trends to watch for:
- Market adjustments and strategic trade policies impacting export volumes.
- Global economic factors affecting coffee demand and production.
- Technological advancements and sustainable practices in coffee cultivation and exportation.