The production in the Water Collection, Treatment and Supply Sector in Spain showed a consistent upward trend from 2013 to 2023, reaching 10.4 Billion Euros in 2023. The year-on-year variation has predominantly exhibited positive growth, despite a few fluctuations. Notably, there was a marked growth in 2019 with a 14.56% increase, whereas 2020 experienced a 3.77% decline, likely impacted by external factors such as economic downturns or the pandemic. Over the past five years, the sector's Compound Annual Growth Rate (CAGR) has been around 4.04%, indicating steady growth.
Future projections from 2024 to 2028 suggest continued growth, albeit at a slightly tempered pace with an expected CAGR of 2.05%. By 2028, the production value is forecasted to reach 11.84 Billion Euros, reflecting an overall growth rate of 10.7% over the five-year period.
Future trends to watch include advancements in water treatment technology, regulatory changes regarding water quality and supply, and the impact of climate change on water resources. Additionally, increased investments and public-private partnerships in water infrastructure projects could further propel growth in this sector.
