Based on the forecasted data, the imports of these materials to Spain are expected to grow steadily from $6.8318 million in 2024 to $7.2967 million by 2028. The year-on-year percentage variation is as follows:
- 2024 to 2025: 1.76%
- 2025 to 2026: 1.69%
- 2026 to 2027: 1.63%
- 2027 to 2028: 1.57%
The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is approximately 1.66%.
Future Trends to Watch
It is crucial to monitor Spain's construction industry and regulatory changes influencing import demand. Sustainable building practices and technological advancements could notably impact future import volumes of gypsum products.
