In 2023, the natural gas available for final consumption in Spain stood at 16.34 million tonnes of oil equivalent. The forecasted data for 2024 shows a value of 16.73, representing a year-on-year increase of 2.4%. This trend continues with increases of 2.7% in 2025 (17.18), 2.5% in 2026 (17.61), 2.5% in 2027 (18.05), and 2.4% in 2028 (18.48). Over the last five years, the compound annual growth rate (CAGR) averages 2.5% per year.
Future trends to watch for include potential disruptions due to geopolitical events, shifts towards renewable energy sources, and technological advancements in energy efficiency, all of which could impact the demand and supply dynamics of natural gas in Spain.