Analysis of the cotton import forecast in Austria shows a decreasing trend from 2024 onwards. In 2024, the import value stands at 8.0 thousand units, and it gradually diminishes each subsequent year to reach 2.0 thousand units by 2028. This indicates a significant contraction over the five-year period.
Year-on-year variations highlight the following:
- 2025: -25%
- 2026: -16.67%
- 2027: -20%
- 2028: -50%
The Compound Annual Growth Rate (CAGR) for the forecast period is approximately -27.68%, marking a serious downward trend each year on average.
Future trends to watch for:
- Changes in global cotton production and trade policies.
- Shifts in Austria's textile manufacturing landscape and sustainability initiatives.
- Economic factors that could influence import requirements or domestic production increases.