The public water supply to the services sector in Spain has shown a declining trend from 2013 through 2023. The consumption decreased significantly from 847.51 million cubic meters in 2013 to 667.19 million cubic meters in 2023. This represents a substantial decline over this period, highlighting increased conservation efforts or possibly reduced demand. The year-on-year variations over the last decade indicate a predominantly negative trend, with minor fluctuations around stabilization from 2021 onwards. The year-on-year variations were negative until 2021, after which there was a slight positive variation, suggesting a possible stabilization at the current levels.
The Compound Annual Growth Rate (CAGR) over the last five years depicts an average yearly decrease of -0.81%, confirming the overall downward trend. However, projected values from 2024 to 2028 suggest a subtle increase in the public water supply, with a forecasted 0.07% CAGR over these years, indicating only a marginal growth moving forward.
Future trends to watch for:
- Potential impacts of new water conservation policies and technological advancements in water-saving in the services sector.
- Economic fluctuations which could influence the demand and usage patterns in the sector.
- Environmental factors and climate change impacts on water availability and subsequent regulations.
