The forecast for blended biodiesels available for final consumption in Austria from 2024 to 2028 shows a slight but consistent decline. The consumption values are projected to decrease from 383.37 Thousand Tonnes Of Oil Equivalent (ktoe) in 2024 to 379.79 ktoe by 2028. From 2023, the volume stood at 384.46 ktoe, reflecting a subtle downward trend year after year. This translates to a year-on-year percentage variation of approximately -0.32% from 2024 to 2025, -0.25% from 2025 to 2026, -0.21% from 2026 to 2027, and -0.16% from 2027 to 2028. The compound annual growth rate (CAGR) over the last five years is estimated to be around -0.24%.
Future trends to watch for include technological advancements in biodiesel production efficiency, changes in EU renewable energy policies, and alternative renewable energy adoption rates. These factors could influence the future supply and demand dynamics for biodiesels in Austria.
