Exports of fuel oil from Austria stood at 471.05 thousand metric tons in 2023. From 2013 to 2016, there was significant growth with year-on-year variations peaking at 47.89% in 2013 and trailing off to 9.78% in 2016. However, from 2017, exports experienced fluctuations and a noticeable decline, with a sharp drop in 2017 at -24.17%. The period from 2018 to 2023 showed relatively stable numbers with minor variations, peaking at a -0.0083% year-on-year change in 2021. The average annual change from 2019 to 2023 was minimal, demonstrated by a CAGR of 0.18%.
Forecast data from 2024 to 2028 shows minimal changes, with the export figure slightly declining to 470.98 thousand metric tons by 2028 and a forecasted 5-year CAGR that stands at 0%. Future trends to watch for include potential impacts from global fuel regulations, geopolitical events impacting fuel trade, and advancements in alternative energy sources which could further influence the export dynamics of fuel oil from Austria.
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