The final consumption of aviation gasoline in domestic aviation in Austria has experienced notable fluctuations over the past decade. In 2023, the consumption stood at 107.35 terajoules. The year-on-year variations have shown significant volatility, with values peaking in 2016 and experiencing sharp declines in 2017 and 2020. Over the last two years, there was a steady increase, with a 3.46% rise in 2023. The last five years saw an average annual growth (CAGR) of 1.84%, indicating a moderate recovery period post-2020.
Future trends to watch for:
- As we move forward, projections from 2024 to 2028 indicate a period of stability with minimal annual fluctuations.- The forecasted 5-year CAGR is essentially 0%, suggesting stable but stagnant consumption levels.- Potential factors impacting future trends might include advancements in aviation technology, regulatory changes, and shifts in travel patterns or fuel alternatives.