The Naphtha Closing Stock in Spain for 2023 was 122.75 thousand metric tons. Forecasted data shows a gradual decrease over the next five years, starting from the same 122.75 thousand metric tons in 2024 and decreasing annually to 121.56 thousand metric tons by 2028. The year-on-year variation shows a slight decline of approximately 0.29% per year. The Compound Annual Growth Rate (CAGR) over the next five years stands at -0.24%.
Future trends to watch for include potential impacts from changes in oil refining processes, shifts in petrochemical industry demand, and regulatory measures related to environmental sustainability. Technological advancements and geopolitical factors could also influence naphtha supply and demand in the coming years.
