The non-ferrous metal ore mining production value in Spain has shown substantial growth over the past decade. Starting from 410.5 million euros in 2013, the production value peaked at 1090 million euros in 2023, reflecting an overall positive trend. The most notable increases occurred between 2016 and 2017, and from 2016 to 2017, the production value surged by 54.51%. Over the last two years, the production values continued to grow, with a relatively steady year-on-year increase of 4.95% in 2023. The average annual growth rate (CAGR) over the last five years stands at 3.26%, indicating a steady acceleration in production value.
Future trends to watch for include advancements in mining technology, which could enhance efficiency and productivity, and shifts in global demand for non-ferrous metals. Additionally, environmental regulations and sustainability practices are likely to shape the industry's landscape and operational approaches in the coming years.