Forecast: Self-Employed People in Agricultural Products and Livestock Sector in Austria

The number of self-employed people in the agricultural products and livestock sector in Austria has been on a gradual decline from 182.46 thousand units in 2013 to 138.43 thousand units in 2023. In 2023, the sector saw a year-on-year decrease of 4.8%. Over the last two years, year-on-year variations have consistently shown a decline, and the Compound Annual Growth Rate (CAGR) over the last five years is -2.12%. The forecast suggests a continued decline, with projected values reaching 118.26 thousand units by 2028, reflecting a forecasted 5-year CAGR of -2.52% and a total forecasted 5-year growth rate of -11.96%.

Future trends to watch for include:

  • Technological advancements and their impact on agricultural productivity.
  • Policy changes affecting the sector, particularly those related to subsidies and incentives.
  • The influence of climate change on agricultural output and its subsequent effect on employment.
  • Market demand shifts for organic and locally produced agricultural products.

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