Year-on-Year Variations:
- 2025: -6.97%
- 2026: -7.35%
- 2027: -7.76%
- 2028: -8.24%
Compound Annual Growth Rate (CAGR) for 2024-2028: -7.09%
The import of variable or adjustable (pre-set) electrical capacitors to Spain is forecasted to decline steadily from $1.8211 million in 2024 to $1.3283 million in 2028. This trend indicates a consistent contraction in demand over the next five years, as quantifiable by the CAGR of -7.09%.
Future Trends to Watch For
Future trends to monitor include advancements in capacitor technology, changes in regulatory policies, fluctuations in international trade tariffs, and the overall economic climate in Spain. Additionally, market shifts toward more energy-efficient and environmentally friendly technologies could impact the demand for these electrical components.
