The production of non-ferrous metals in Spain saw varied trends from 2013 to 2023, fluctuating between growth and decline. Starting with a slight decrease from 2013, the sector experienced year-on-year variations ranging from significant growth in 2017 to a steep decline in 2020. As of 2023, the production value stood at 14.32 billion Euros. A notable CAGR over the last five years marked a modest average annual increase. Projections indicate a stable upward trend, with a forecasted 5-year CAGR of 0.69% and an overall growth of 3.52% by 2028.
Future trends to watch for include technological advancements in production processes, environmental regulations impacting production costs, and global market demand for non-ferrous metals influencing Spain's export volumes.
