The forecasted sold production of weapons and ammunitions in Spain shows a steady year-on-year increase from 2024 to 2028. The value stood at €212.50 million in 2023. The data indicates that the production value is expected to grow by approximately 0.85% year-on-year from 2024 to 2025 and by around 0.83% from 2025 to 2026. The overall Compound Annual Growth Rate (CAGR) over these five years is projected to be about 0.84%.
Future trends to watch for include potential policy changes impacting defense budgets, technological advancements in weaponry, shifts in international arms agreements, and the potential influence of geopolitical tensions. These factors could significantly alter the forecasted growth trajectory.
- 2024: €213.21 million
- 2025: €215.02 million (+0.85%)
- 2026: €216.81 million (+0.83%)
- 2027: €218.58 million (+0.82%)
- 2028: €220.34 million (+0.81%)
The last two years show an increase of around 1.64% and the last five years exhibit an average annual increase approximately of 0.84%.
