The public water supply to the automotive sector in Spain in 2023 was 10.93 million cubic meters, witnessing a gradual decline since 2018. From 2022 to 2023, there was a 1.35% decrease. Over the past five years, the annual average decrease (CAGR) has been approximately 2.65%. Forecasts indicate a further decline with a projected 5-year CAGR of -0.54%, suggesting a steady reduction in water consumption by the automotive sector, culminating in a 2028 figure of 10.52 million cubic meters.
Future trends to watch for include:
- Technological advancements in water-efficient manufacturing processes.
- Impact of environmental regulations and sustainability practices.
- Shifts in automotive production volumes and operations.
