The availability of blended biodiesels for final consumption in Austria demonstrates a largely stable trend with minor annual fluctuations. In 2023, the value stood at 16.35 thousand terajoules. Notable changes include a sharp decline in 2020, followed by a robust recovery in 2021 with a year-on-year increase of 16.48%. From 2022 to 2023, the value increased by 2.41%, indicating a recent stabilization. Over the last five years, the compound annual growth rate (CAGR) was nearly flat at -0.032%. Future forecasts suggest a steady but minimal growth rate with a 5-year CAGR of 0.13% expected to reach 16.48 thousand terajoules by 2028.
Future trends to watch for:
- Regulation changes and subsidies impacting biodiesel production and consumption.
- Technological advancements in biodiesel blending processes.
- Market shifts towards alternative renewable energy sources.
- Economic factors driving fuel consumption patterns.
