The sold production of pulp in Spain was recorded at 568.7 million euros in 2023. Forecasted values for the upcoming years suggest a gradual decline, with 563.95 million euros in 2024, 559.2 million euros in 2025, 554.5 million euros in 2026, 549.85 million euros in 2027, and 545.24 million euros in 2028. The year-on-year percentage variation shows a minor decrease each year, indicating slight negative trends:
- 2023-2024: -0.83%
- 2024-2025: -0.84%
- 2025-2026: -0.84%
- 2026-2027: -0.84%
- 2027-2028: -0.84%
The Compound Annual Growth Rate (CAGR) for the forecast period of 2024 to 2028 reveals an average annual decrease of -0.84%.
Future trends to watch for include potential impacts of new environmental regulations, advances in recycling technology, and shifts in global demand for pulp, which could influence production volumes and values in Spain. Additionally, any significant changes in trade agreements or shifts towards sustainable practices could further affect market dynamics.
