The imports of sub-bituminous coal in Austria have seen fluctuating trends over the past decade. From 2013 to 2023, imports peaked in 2014 with an increase of 17.04% and faced a significant decline until 2021, showing a negative year-on-year variation, then rebounding positively in 2022 with an 18.35% rise and a moderate 1.61% increase in 2023. By 2023, imports stood at 65.71 thousand metric tons, moving from a predominantly downward trend to stabilization.
Analyzing the average variation per year over the last five years, reports a CAGR of -1.26%. However, the forecasted data from 2024 to 2028 highlights a slight recovery with a projected 5-year CAGR of 0.58% and overall growth of 2.96% by 2028.
Future trends to watch for include:
- Changes in energy policies focusing on sustainability and reducing coal dependency,- Potential shifts towards renewable energy sources,- Global economic conditions affecting coal demand and trade,- Technological advancements in coal extraction and usage efficiency.Monitoring these factors will be crucial to anticipating further fluctuations and potential growth in sub-bituminous coal imports in Austria.
