The output of refined petroleum products and coke in Austria is expected to decline year-on-year from 2024 to 2028. The forecasted data show that the output will reduce from 5.0 billion Euros in 2024 to 4.74 billion Euros in 2028. This represents a consistent annual decline of approximately 1.5% over the period.
**Variations:**- 2024-2025: -1.4%- 2025-2026: -1.2%- 2026-2027: -1.4%- 2027-2028: -1.3%- CAGR: -1.3%
Future trends to watch for include the impact of regulatory changes impacting fossil fuel production, advancements in renewable energy technologies, and fluctuations in global oil prices, which could further influence the demand and production levels in the sector.
