The closing stock of kerosene-type jet fuel in Austria has experienced significant fluctuations from 2013 to 2023. The stock peaked in 2013 and then saw a sharp decline in 2014, followed by varied recovery and declines over the subsequent years. A notable dip occurred in 2019, with a significant rebound in 2020. The stock slightly increased by 0.89% in 2023 to 76.42 thousand metric tons. The five-year average annual variation was -0.85%. Looking ahead, the forecast indicates a cautious growth with a five-year CAGR of 0.59% leading to a 2.96% rise by 2028.
Future trends to watch for include the impact of regulatory changes promoting biofuels, volatility in global oil prices, and shifts in air travel demand, which can significantly influence the stock levels of kerosene-type jet fuel in Austria.
