Forecast: Land Transport Fuel Imports to Spain

Forecasted data indicates a consistent decline in land transport fuel imports to Spain from 2024 to 2028, decreasing from 0.011 Metric Tons Per Capita in 2024 to 0.005 Metric Tons Per Capita in 2028. This trend reflects a notable year-on-year reduction, with values dropping by approximately 9.09% between 2024 and 2025, 20% from 2025 to 2026, 12.5% from 2026 to 2027, and 28.57% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the five-year period is approximately -15.3%.

Future trends to watch for include the impact of Spain's policies on renewable energy and greater fuel efficiency in transport sectors, as well as potential shifts in international fuel prices. Monitoring developments in electric and alternative fuel vehicle adoption will also be crucial for anticipating further declines in fuel imports.