Forecast: Value Added of Transportation and Warehousing in Austria

From 2013 to 2023, the value added of the transportation and warehousing sector in Austria showed steady growth, with minor fluctuations. The year-on-year growth was consistent until 2020, where a significant drop of 15.17% due to the pandemic disrupted the pattern. However, the sector rebounded strongly in 2021 with a growth of 16.87% and continued to recover in 2022 with a 7.4% increase. The growth rate stabilized in 2023 to 1.95%. The five-year CAGR of recent years indicates a moderate average annual growth rate of 1.92%.

Future projections from 2024 onwards expect the sector to continue its growth trajectory with a forecasted CAGR of 1.51% and an overall five-year forecasted growth of 7.79% by 2028. This indicates a positive outlook for the sector, though at a slightly tempered pace compared to previous years.

Key future trends to watch for include:

• Technological advancements in logistics and supply chain management.
• Sustainability initiatives impacting transportation methods.
• Economic fluctuations and their effects on trade volumes.
• Regulatory changes impacting the sector.