Forecast: Food, Beverages and Tobacco Sector Final Consumption of Heat in Austria

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.

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