Kerosene-type jet fuel consumption in Austria has experienced noticeable fluctuations from 2013 to 2023. The highest recorded value was in 2013 at 1.27 thousand terajoules. A general downward trend was observed until 2017, and a significant decline occurred in 2019, 2020, and 2021, attributed presumably to reduced air travel due to the pandemic. However, a recovery was seen in 2022 and 2023 with values rising to 0.914 and 0.986 thousand terajoules respectively, representing a 52.14% increase in 2022 and a 7.96% increase in 2023.
The five-year compound annual growth rate (CAGR) from 2018 to 2023 was negative at -3.96%, reflecting the impact of the pandemic. The outlook for 2024 to 2028 forecasts a nearly stable trend with a minor decline of -0.02% CAGR, indicating stabilization with minor variations in consumption levels.
Future trends to watch for include potential impacts from policy changes targeting carbon emissions, shifts in air travel demand, and advances in sustainable aviation fuels which may decrease reliance on traditional kerosene-type jet fuels.