Analyzing the historical imports of Liquefied Petroleum Gases (LPG) to Austria from 2013 to 2023 reveals a fluctuating trend, stabilizing in recent years. In 2023, the imports stood at 769.1 Gigawatthours. Year-on-year variations highlight significant volatility, peaking at 15.19% in 2017 and seeing a substantial drop of 14.77% in 2015. Meanwhile, the Compound Annual Growth Rate (CAGR) over the last five years showed slight declines and increases, closing at -0.75% for 2023.
Future trends to watch for include:
- Continuous stabilization in LPG import volumes, forecasted to experience marginal growth with a five-year forecasted CAGR of 0.01%.
- Potential policy and market shifts in energy consumption and import reliance.
- Economic factors influencing demand and supply within the European energy market.
