Between 2013 and 2023, Austria's fishing and aquaculture production experienced variable growth, marked by significant fluctuations. The highest year-on-year increase was 18.65% in 2021, reversing a previous decline of 13.78% in 2020. By 2023, production stood at 105.95 million Euros. The five-year compound annual growth rate (CAGR) from 2018 to 2023 was 3.67%, showing steady annual growth despite earlier considerable variability.
Future trends to watch for:
• Continued growth in production, with an expected five-year CAGR of 2.43% from 2024 to 2028.
• Potential impacts of environmental policies and technological advancements on aquaculture efficiency and sustainability.
• Market demand shifts influenced by changing consumer preferences and economic conditions.