Over the decade spanning 2013 to 2023, the kerosene-type jet fuel opening stock in Austria has exhibited significant variation. Notable fluctuations include a peak in 2014 followed by a stark decline during 2020, largely reflecting the impact of the pandemic on aviation demand. Post-2020, a marked rebound is seen with a notable increase in 2021 and a steady recovery towards 2023.

Recent data indicate that in 2023, the opening stock stood at 82.22 thousand metric tons, revealing an 11.77% year-on-year growth from 2022, where the amount had previously slumped to 73.56 thousand metric tons. Over the last five years, the average annual variation (CAGR) is -1.09%, indicative of a temperate recovery phase.

Looking ahead from 2024 onwards, the forecast suggests a stable but modest annual growth rate, projected at an average of 1.04% annually over the next five years, potentially resulting in a cumulative increase of approximately 5.32% by 2028.

Future trends to watch for:

Industrial adaptations and innovations within the aviation sector to address fuel efficiency and alternative fuels.
Regulatory changes and environmental policies influencing jet fuel demand and stock levels.
Impact of geopolitical events on global fuel supply chains.
Post-pandemic recovery trends in global and regional air travel.