Forecast: Kerosene-Type Jet Fuel (Excluding Biofuel Portion) Refinery Output in Austria

The analysis of kerosene-type jet fuel output in Austria reveals notable variations and trends. The values, expressed in Thousand Tonnes Of Oil Equivalent, show fluctuating output between 2013 and 2023. The peak was in 2019 at 923.6 thousand tonnes, followed by a sharp decline due to the COVID-19 pandemic in 2020 and 2021. A substantial recovery occurred in 2022, peaking at 828.48 and further increasing in 2023 to 960.13.

Year-on-year variations over the last two years (2022-2023) were significant, with a 133.15% increase in 2022 and a 15.89% rise in 2023, highlighting recovery momentum. The five-year compound annual growth rate (CAGR) over this period is 4.08%, showing positive growth trends.

Future trends to watch for:

  • The forecast from 2024 to 2028 indicates steady growth, with the output reaching 1060 thousand tonnes in 2028.
  • The forecasted five-year CAGR is 1.52%, reflecting moderate but consistent growth.
  • Key factors to monitor include global aviation trends, environmental policies, and technological advancements in fuel efficiency and alternative fuels.

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