The market for Precious Metals Direct Material Inputs in Spain has experienced significant volatility over the past decade. After a steady increase from 2013 to 2015, there was a sharp rise in 2016, followed by a strong upward trend reaching a peak in 2021. However, the subsequent years saw fluctuations, with a notable decline in 2022, before stabilizing slightly in 2023 at 9.12 thousand metric tons, marking a 1.22% increase from the previous year.
Variations:
- 2013: -21.59% year-on-year, -0.46% CAGR
- 2014: 2.19% year-on-year, 10.75% CAGR
- 2015: 0.083% year-on-year, 6.59% CAGR
- 2016: 146.25% year-on-year, -51.25% CAGR
- 2017: 25.13% year-on-year, 19.83% CAGR
- 2018: 11.56% year-on-year, 28.59% CAGR
- 2019: -15.01% year-on-year, 23.93% CAGR
- 2020: 29.53% year-on-year, 30.49% CAGR
- 2021: 23.16% year-on-year, 13.61% CAGR
- 2022: -20.33% year-on-year, 3.8% CAGR
- 2023: 1.22% year-on-year, 1.8% CAGR
The forecast from 2024 onwards suggests a moderate upward trend with an average annual growth rate (CAGR) of 0.9%, potentially reaching 9.65 thousand metric tons by 2028. Future trends will be influenced by global economic conditions, innovations in precious metals processing, and fluctuations in supply chain dynamics. Monitoring policy changes, technological advances, and shifts in demand for sustainable and digital technologies will be crucial.
