Based on the provided data:
| Year | Value (Million USD) | Year-on-Year Variation (%) |
|---|---|---|
| 2024 | 153.08 | N/A |
| 2025 | 154.74 | 1.08% |
| 2026 | 156.36 | 1.04% |
| 2027 | 157.95 | 1.02% |
| 2028 | 159.51 | 0.99% |
The Compound Annual Growth Rate (CAGR) over the forecasted period from 2024 to 2028 is approximately 1.03%. This consistent growth suggests stability and gradual increase in demand.
Future Trends to Watch: Advancements in technology, the rise of renewable energy projects, and increased production of electric vehicles may drive further imports of electrical capacitors into Spain. Monitoring global supply chain dynamics and geopolitical factors will also be crucial in evaluating future trends.
