The fuel oil opening stock in Austria is projected to see a significant decline from 2024 to 2028. Starting from 122.01 thousand metric tons in 2024, forecasts show a decrease to merely 4.24 thousand metric tons by 2028. Compared to 2023, the yearly variations suggest consistent drops, as shown by decreases of 24.5% in 2025, 32.1% in 2026, 46.9% in 2027, and an astonishing 87.2% in 2028. The five-year CAGR reflects an average annual decline of approximately 47.5%.
Future trends to watch for include:
- Government policies affecting fuel oil use
- Shifts towards renewable energy sources
- Changes in industrial and domestic consumption patterns