Austria's polypropylene import volume has seen notable variation from 2013 to 2023, reaching 170.98 million kilograms in 2023. Key observations include a sharp rise in 2016 by 13.65%, a significant drop in 2020 by 15.15%, and a recovery phase in the following years, with a moderate year-on-year increase of 1.97% in 2023. The 5-year CAGR leading up to 2023 stood at 2.05%, indicating a steady growth pattern.
Future trends to watch for include a forecasted annual growth rate of 1.53% from 2024 to 2028, aggregating to a 7.9% increase over the period. Monitoring market dynamics, trade policies, and global supply chain conditions will be critical in assessing future import patterns for polypropylene to Austria.
