The consumption of primary solid biofuels within Austria's construction sector has exhibited significant fluctuations over the past decade. In 2023, the consumption stood at 323.68 Terajoules. The year-on-year variation shows a positive trend, with a notable increase of 6.06% from 2022 to 2023. Over the past five years, the CAGR has averaged 5.81%, indicating a steady rise in biofuel consumption from 2018 to 2023.
Future trends to watch for:
- Continued annual growth, with forecasts predicting increases to 413.46 Terajoules by 2028.
- A 5-year forecasted CAGR of 3.87%, aligning with broader sustainability goals and advancements in biofuel technology.
- Potential impact of policy changes, technological innovations, and supply chain dynamics on the construction sector's biofuel consumption patterns.