Key Market Indicators
Spain's wastewater generation is projected to decline to approximately 3,080 million cubic meters by 2028. This represents a slight decrease from the 3,150 million cubic meters recorded in 2023, with a year-on-year compound annual growth rate (CAGR) of -0.3%. This trend is part of a broader decline observed since 2003, during which the supply has decreased by an average of 1.5% annually. In contrast, the Spanish water utility sector is on an upward trajectory. Revenue is expected to climb to around €11.8 billion by 2028, up from €10.3 billion in 2023. This growth translates to a 2.1% year-on-year CAGR. The sector has been experiencing consistent growth since 2010, with an average annual increase of 4%. These contrasting trends highlight the dynamics within Spain's water industry, where diminishing wastewater generation coexists with rising utility revenues.
