Forecast: Natural Gas Domestic Extraction in Austria

The data indicates a steady decline in Austria's domestic natural gas extraction from 2024 to 2028. The extraction value stands at 628.98 thousand metric tons in 2024, decreasing to 529.24 thousand metric tons by 2028. This represents an average annual decline, calculated through CAGR (Compound Annual Growth Rate), reflecting a consistent reduction over the five-year period.

Year-on-year variations are as follows:

  • 2024-2025: -4.57%
  • 2025-2026: -4.34%
  • 2026-2027: -4.10%
  • 2027-2028: -3.88%

Future trends to watch for:

  • Continued decline in domestic extraction due to resource depletion and shifts towards renewable energy sources.
  • Potential policy changes and technological advances that might alter the natural gas extraction landscape.
  • Market demand variations influenced by geopolitical factors and global energy market dynamics.

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