The Gross Value Added (GVA) in the Water Collection, Treatment, and Supply sector in Spain has seen a generally upward trend from 2013 to 2023, with a notable increase in 2023 to 5.11 billion euros. The sector experienced fluctuations, including minor declines in 2014 and 2018. The year-on-year variation in 2023 was 1.98%, and the Compound Annual Growth Rate (CAGR) over the last five years was 1.63%, indicating steady growth. Looking forward, a forecasted CAGR of 1.41% over the next five years suggests continued, if moderate, expansion, with an expected growth rate of 7.28% by 2028.
Future trends to watch for:
- Technological advancements in water treatment and supply management.
- Regulatory shifts impacting water sector investments and operations.
- Climate change effects altering water collection and treatment needs.
- Sustainability practices driving innovation and efficiency improvements.
