The Final Consumption of Heat in Austria's Food, Beverages, and Tobacco sector has shown fluctuating trends from 2013 to 2023. The peak in 2014 was followed by a significant drop in 2015 and 2016. A recovery started in 2017, with a general upward trend continuing up to 2023, where consumption stood at 33.49 Thousand Tonnes of Oil Equivalent (ktoe). The last two years saw a modest growth of 1.54% year-on-year. Over the past five years, the CAGR was 1.23%.
Future trends to watch for:
- Consistent yearly growth up to 2028, with a forecasted 5-year CAGR of 1.15%.
- Potential impact of energy efficiency improvements and sustainability initiatives.
- Influence of economic factors and potential policy changes on heat consumption trends.