The turnover in the Mining and Quarrying sector in Spain stood at 3.0 billion euros in 2023. Forecasted data suggests a consistent decline with values projected at 2.8 billion euros in 2024, 2.64 billion euros in 2025, 2.49 billion euros in 2026, 2.33 billion euros in 2027, and 2.18 billion euros in 2028.
Year-on-year variations indicate a steady decrease: * 2025: -5.7% * 2026: -5.7% * 2027: -6.4% * 2028: -6.4%
The compound annual growth rate (CAGR) over the five-year forecast period is approximately -5.9%.
Future trends to watch for include advancements in sustainable mining practices, shifts in commodity prices, regulatory changes, and technological innovations aimed at improving efficiency and reducing environmental impacts.
