In 2023, Austria's domestic material consumption of biomass stood at 38.83 million metric tons. Forecast data indicates a gradual increase, with consumption expected to reach 38.91 million metric tons by 2028. Year-on-year variation shows minimal growth, around 0.02% annually over the forecast period from 2024 to 2028. The Compound Annual Growth Rate (CAGR) over the next five years stands at approximately 0.04%, indicating a very stable trend.
Future trends to watch for:
• Technological advancements in biomass processing.
• Policy changes impacting renewable energy.
• The impact of economic and environmental factors on biomass consumption.