The Mining and Quarrying Turnover in Spain is projected to decline steadily from 2024 to 2028. In 2023, the turnover stood at 2.95 Billion Euros. Forecasted values indicate a 5.71% decrease from 2024 to 2025, followed by year-on-year declines of approximately 5.68%, 6.43%, and 6.44% in each subsequent year up to 2028. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is -6.20%, reflecting a consistent downtrend over these five years.
Future trends to watch for include advancements in sustainable mining technologies, shifts in global commodity prices, regulatory changes, and economic factors influencing domestic and international demand. These factors could significantly impact the industry's turnover and are critical considerations for future strategic planning.