Forecast: Volume of Gas Pipeline Transport in Spain

The volume of gas pipeline transport in Spain exhibited fluctuations over the past decade. In 2023, it stood at 2.15 billion tonne-kilometers. Initial years saw a decline, with the 2013-2014 period showing a notable drop. A subsequent brief recovery phase lasted through 2015-2017, but the trend shifted to a more varied pattern in recent years. Specifically, from 2019 onwards, a substantial decline in 2020 was followed by moderate recovery, declining again through to 2023. From a longer-term perspective, the compound annual growth rate (CAGR) from 2018 to 2023 was -1.63%.

Looking into the future, the forecasted data indicates a gradual decline with annual rates dipping slightly each year, leading to a 5.48% reduction by 2028 and an average annual decrease (CAGR) of -1.12% over the next five years. Future trends to watch for include potential impacts of energy policy shifts, increased focus on renewable energy sources, and technological advancements in gas transport that could alter these projections.

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