The actual imports of blended biodiesels to Austria exhibited varied year-on-year fluctuations from 2013 to 2023, with imports standing at 11.51 thousand terajoules in 2023. The highest increase was observed in 2016 with 8.04%, while a significant decline occurred in 2020 at -7.91%. Over the last two years, the growth remained positive, with a notable 2.12% in 2022 and 1.76% in 2023. The Compound Annual Growth Rate (CAGR) over the last 5 years ending in 2023 was -0.45%, indicating slight fluctuations during this period.
Future trends to watch for:
- The forecasted period from 2024 to 2028 shows a steady growth, with a projected average annual CAGR of 1.2%, suggesting stable demand and import levels.
- By 2028, the imports are expected to reach approximately 12.42 thousand terajoules.
