The forecasted import values of Fluorine and Bromine to Spain show a consistent year-on-year increase from 2024 to 2028. Starting at $2.622 million in 2024, the imports are expected to rise by approximately 2.64% to $2.691 million in 2025, 2.52% to $2.7587 million in 2026, 2.40% to $2.8249 million in 2027, and 2.30% to $2.8899 million in 2028. In comparison to the import value in 2023, which stood at $2.555 million, these increases highlight strong and steady growth over the coming years.
- 2024: $2.622 million (+2.64% YoY)
- 2025: $2.691 million (+2.64% YoY)
- 2026: $2.7587 million (+2.52% YoY)
- 2027: $2.8249 million (+2.40% YoY)
- 2028: $2.8899 million (+2.30% YoY)
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately 2.46%, indicating steady, moderate growth. Over the last two years (2022-2023), year-on-year variation was 2.78%. These trends suggest that demand for Fluorine and Bromine in Spain is on a positive trajectory.
Future trends to watch for include potential shifts in regulatory policies impacting imports, technological advancements in end-user industries, and global market dynamics affecting supply and pricing. Keeping an eye on these factors will be crucial for predicting long-term trends in Spain's import market for these elements.
