Key Market Indicators
Spanish Manufacturing Output is projected to surge to approximately €759 billion by 2028, up from around €682 billion in 2023. This marks a compound annual growth rate (CAGR) of 1.7%. Since 2000, Spain's manufacturing supply has shown a consistent annual increase of 5.2%. In the 2023 rankings, Spain secured the fourth position, with France slightly ahead at €682 billion. Leading the European manufacturing sector, Italy, France, and Spain claimed the second, third, and fourth ranks, respectively.
