Forecast: Biomass Consumption in Austria

The biomass consumption in Austria saw fluctuations from 2013 to 2023, standing at 28.89 UMC in 2023. Significant variations were observed over the last few years, with a 0.38% year-on-year increase in both 2022 and 2023. The five-year CAGR from 2019 to 2023 was 1.51%, indicating moderate growth despite some yearly declines. The forecasted data suggests a continued, albeit slower, increase in biomass consumption, with a forecasted 0.25% five-year CAGR leading to a 1.28% total growth rate by 2028.

Future trends to watch include technological advancements in biomass conversion, policy changes favoring renewable energy, and potential fluctuations in global energy markets that could impact Austria's biomass consumption trajectory.