From 2013 to 2023, Austria's kerosene-type jet fuel closing stocks have shown significant fluctuations. Notable peaks were observed in 2013 and 2020 with values of 105.62 and 98.64 thousand metric tons respectively. There was a substantial decline in 2019 to 43.09 thousand metric tons. After the peak in 2020, stocks were characterized by volatility but generally remained lower compared to previous highs.
The year-on-year percentage change indicates considerable volatility with drastic decreases in 2014 and 2019, contrasted by substantial increases in 2015 and 2020. Over the last five years leading up to 2023, the compound annual growth rate (CAGR) was -0.85%, suggesting a slight overall decline.
Projected data from 2024 to 2028 indicate a stabilizing trend with minor yearly increases, culminating in a 5-year forecasted CAGR of 0.59%. By 2023, stocks stood at 76.42 thousand metric tons, suggesting a modest recovery from the lows of 2019.
Future trends to watch for include volatility in aviation demand, geopolitical factors affecting fuel availability, and potential shifts toward more sustainable aviation fuels which could impact kerosene-type jet fuel stocks.
