The final consumption of primary solid biofuels in Austria's agriculture and forestry sector has shown notable fluctuations from 2013 to 2023. The value stood at 1.93 Thousand Gigawatthours in 2023. The series exhibits a declining trend from 2014 to 2020, marked by significant year-on-year variations such as a decrease of 9.28% in 2018 and 7.21% in 2019. However, there were periods of recovery with increases like 12.52% in 2021. Over the last five years, the CAGR was 0.74%, indicating a stabilizing trend.
Looking ahead, the forecast data suggests moderate growth in biofuel consumption from 2024 to 2028, projecting a 5-year CAGR of 0.74% and a total increase of 3.74% by the end of the period. Future trends to watch include potential technological advancements in biofuel production, shifts in agricultural practices, and evolving energy policies that may impact consumption rates. Monitoring these factors will be crucial to understanding future patterns in biofuel demand.