The sold production of corrugated paper and paperboard in Spain showed fluctuating growth from 2013 to 2023, expressed in value terms. It stood at 921.56 million Euros in 2023, obtaining a positive year-on-year variation of 4.07%. The compound annual growth rate (CAGR) over the last five years amounted to 5.33%. Observing the data, significant growth occurred in 2017 and 2021, with variations of 15.36% and 35.44%, respectively. A slight decline was seen in 2019 and 2020, followed by a substantial increase of 35.44% in 2021. From 2021, the trend stabilizes, maintaining the growth pattern into the projected period.
Future trends to watch for include:
- The projected continued growth, with a forecasted CAGR of 2.75% over the next five years.- Monitoring economic factors such as raw material prices and demand fluctuations which could influence the production values.- Advances in production technology and sustainability efforts may bolster production efficiency and output.
