The value added of the computer, electronic, and optical products manufacturing sector in Spain has experienced significant volatility from 2013 to 2023. From a high of 3.27 billion Euros in 2013, the value fluctuated, experiencing substantial dips, notably in 2016 with a nearly 48% decline, before somewhat stabilizing and reaching 1.08 billion Euros in 2023. Year-on-year variations were pronounced, with a steep decrease of 14.75% in 2023 amidst a broader downtrend. Over the last five years, there was an average annual contraction (CAGR) of 9.71%.
Looking ahead, the forecast suggests a continued downward trajectory, with the value expected to plummet to just 0.173 billion Euros by 2028. The anticipated average yearly decrease for this period is a significant -27.95%, cumulating in an approximate 80.58% total reduction. Key trends to watch for include potential technological shifts, changes in global supply chains, and economic policies that could mitigate or exacerbate this decline.
