The importation of biomass in Spain stood at 58.5 million metric tons in 2023. From 2024 onwards, there is a steady forecasted growth in imports, beginning at 59.42 million metric tons in 2024 and reaching 62.72 million metric tons by 2028. The year-on-year growth percentages for the successive years are as follows: 1.43% from 2024 to 2025, 1.38% from 2025 to 2026, 1.34% from 2026 to 2027, and 1.29% from 2027 to 2028. Over the forecasted period, the Compound Annual Growth Rate (CAGR) is approximately 1.36%.
Future trends to watch for include potential changes in government policy regarding renewable energy, technological advancements in biomass efficiency, and fluctuations in international biomass market prices. Monitoring these factors will provide insights into the sustainability and continuity of the growth trend in Spain's biomass imports.
