The aviation gasoline available for final consumption in Austria saw fluctuations from 2013 to 2023. In 2023, it stood at 29.82 Gigawatthours. Various years exhibited significant changes, such as a notable increase in 2016 by 23.49%, followed by a substantial dip in 2020 by 16.77% due to the global pandemic's impact. The year-on-year variation for 2023 was 3.46%, indicating a recovery trend from previous years. Over the last two years (2022 and 2023), there was a marked rebound with positive growth. The compounded annual growth rate (CAGR) over the last 5 years was 1.84%, reflecting a moderate average annual increase.
Future trends to watch for include:
- Continued stabilization in demand as forecasted values remain consistent at 29.82 Gigawatthours from 2024 to 2028.
- The potential influence of advancements in aviation technology and environmental regulations on fuel consumption patterns.
- Evolving market dynamics post-pandemic that could affect the aviation industry's fuel needs.