The availability for final consumption of natural gas in Austria stood at 61.16 thousand gigawatt hours in 2023. From 2013 to 2023, consumption witnessed fluctuations with noticeable growth in certain years and declines in others. The year-on-year variation over the last two years has been stable, with a slight increase of 0.67% in 2023. Over the past five years, the compound annual growth rate (CAGR) stands at 1.29%, indicating modest growth.
Future trends indicate a forecasted increase in natural gas consumption, with a five-year CAGR of 0.51% and an overall growth rate of 2.55% by 2028. Key factors to watch for in the future include advancements in renewable energy, changes in EU energy policies, potential geopolitical impacts on natural gas supplies, and technological developments in energy efficiency. These dynamics could significantly influence Austria's natural gas consumption patterns.