The opening stock of kerosene-type jet fuel in Austria has experienced notable fluctuations from 2013 to 2023. In 2023, the value stood at 82.22 Thousand Metric Tons. The year 2020 saw a significant decline due to the impact of the COVID-19 pandemic, while 2021 experienced a sharp recovery. The average annual variation (CAGR) over the last five years is -1.09%, demonstrating a slight overall decrease.
Year-on-year changes for the last two years include an 11.77% increase in 2023 and a decrease of 25.43% in 2022. The projected data from 2024 onwards shows a modest, stable growth trend with an average annual increase (CAGR) of about 1.04% over the next five years.
Future trends suggest a continued gradual rise in the opening stock of kerosene-type jet fuel, potentially influenced by recovery in aviation activities and improved fuel storage strategies. In the long term, shifts towards sustainable aviation fuels and changes in global aviation demand will be critical areas to monitor.
