The forecast for imports of metals in Spain indicates a continuous upward trend from 2024 to 2028, starting at 48.71 million metric tons in 2024 and projected to reach 50.85 million metric tons by 2028. As of the previous actual data, in 2023, the value stood at approximately 48.2 million metric tons. The year-on-year percentage variation between 2024 and 2023 is roughly 1.06%, with successive annual increases, leading to expected values of approximately 49.26 million metric tons in 2025, 49.8 million metric tons in 2026, and so on. Over the last two years, the import volumes increased steadily, showing resilience and consistent growth. The five-year compound annual growth rate (CAGR) suggests an average annual increase of about 1.3%.
Future trends to watch for in the Spanish metals import market include the impact of potential trade policies, fluctuations in global metal prices, and shifts towards sustainable and recycled materials. Additionally, advancements in technology and changes in industrial demand could influence future import volumes.
