From 2013 to 2023, the production of cement clinker in Spain exhibited cyclical fluctuations. Starting from a decline in 2013, production rose significantly by 14.43% in 2014, followed by continued growth until 2018. The year 2019 saw a substantial drop of 12.81%, with consecutive declines observed until 2020. Steadying in 2022, production saw modest growth, standing at 17.436 billion kilograms in 2023, reflecting a minor annual increase of 0.19%. The CAGR for the past five years stands at -4.46%, indicating a general downward trend.
The future trend from 2024 to 2028 forecasts a slight annual average growth rate of 0.15%, with the total production expected to reach approximately 17.599 billion kilograms by 2028, indicating a cumulative growth rate of 0.74% over the five-year period.
Future trends to watch for include potential advancements in production technology, changes in domestic and global demand, and environmental regulations impacting production practices. Monitoring these factors will be crucial to understanding and forecasting cement clinker production in Spain.
