From 2013 to 2022, natural gas consumption in Austria's commercial and public services sector showed fluctuations, with notable year-on-year changes such as a -16.34% drop in 2014 and an 8.33% rise in 2021. Over the last two observed years, consumption decreased by 3.68% in 2022 and by 1.01% in 2023. The compound annual growth rate (CAGR) over the last five years (2018-2023) was approximately 1.15%.
Looking ahead, forecasted data suggests a gradual decline, with an annual CAGR of -0.81% from 2023 to 2028. By 2028, a total reduction of around 4% is expected.
Watch for advancements in energy efficiency and the transition to renewable energy sources, which may further impact natural gas consumption. Policy changes and technological innovations will also play a critical role in shaping demand trends.
