From 2013 to 2023, the final consumption of blended biodiesels in the transport equipment sector in Austria showed variability. There was no consumption in 2013 and 2014, which significantly increased to 1.82 Terajoules in 2015, peaking slightly higher in subsequent years. Notable fluctuations included an 8.59% rise in 2016, a 20.73% decrease in 2017, and varying changes in other years. The CAGR over the last five years stood at 1.47%, indicating a modest but steady growth. In 2023, the consumption was 1.81 Terajoules, showing a 5.62% increase from the previous year. The forecast through 2028 estimates a CAGR of 2.09% and a 10.88% growth rate.
Future trends to watch for include advancements in biodiesel blending technologies and regulatory changes promoting sustainable fuels. Potential shifts in market demand and the overall economic environment will also play crucial roles in shaping the consumption trends in the upcoming years.