Between 2013 and 2023, Spain’s sold production of aluminium alloy plates, sheets, and strips showed significant fluctuations. The peak was in 2019 at 838.47 million euros followed by a steep decline in 2020, with a 43.44% drop due to potential macroeconomic factors or market disruptions. It began to recover in 2021 but showed a decline and then slight growth till 2023 ending at 680.93 million euros, reflecting a trend of instability with an average growth close to zero over the last five years.

Trends to watch for in the future:

Given the forecasted CAGR of -1.59%, expect a gradual decline by 2028, ending at 616.31 million euros.
Monitoring macroeconomic conditions and global demand for aluminium which could impact production in Spain significantly.
Technological advancements and potential regulatory changes aimed at sustainability in the production processes.