The production of pure biodiesels in Austria has been steadily increasing. In 2024, the production forecast is at 287.05 thousand tonnes of oil equivalent (ktoe). This reflects a year-on-year variation of approximately 2.7% from 2023. Subsequent years see a consistent upward trend, with 2025 forecasted at 294.83 ktoe, reflecting a year-on-year increase of roughly 2.7%. By 2026, production is forecasted to reach 302.57 ktoe (an increase of about 2.6%), followed by 310.27 ktoe in 2027 (around a 2.5% increase), and 317.94 ktoe in 2028 (a 2.5% rise). The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is estimated to be around 2.6%.
Future trends to watch for include advancements in biodiesel production technology, changes in governmental policies and subsidies, and fluctuations in the prices of raw materials. Additionally, evolving environmental regulations and consumer preferences toward sustainable energy can significantly influence production rates and market dynamics. Monitoring these factors will be crucial for understanding the long-term trajectory of the biodiesel industry in Austria.
