In 2023, the import of Manganese to Spain stood at 20.992 million US dollars. The forecasted data for the subsequent years indicate a steady year-on-year increase in the value of Manganese imports:
• In 2024, the import value is expected to rise to 21.253 million US dollars, marking a year-on-year increase of approximately 1.24%.
• By 2025, the value is anticipated to reach 21.515 million US dollars, showing an increase of 1.23% from the previous year.
• In 2026, the import value is forecasted to grow to 21.772 million US dollars, reflecting a 1.20% year-on-year rise.
• The value for 2027 is projected at 22.025 million US dollars, representing a 1.16% increase compared to the prior year.
• Finally, in 2028, the import value is expected to reach 22.272 million US dollars, indicating a year-on-year growth rate of 1.12%.
The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is projected to be approximately 1.19%.
Future trends to watch for include potential changes in global trade policies, fluctuations in the prices of commodities, and Spain's domestic demand for Manganese. Additionally, any technological advancements or shifts in the supply chain dynamics could influence these projections.
