Forecast: Floating Structures Building and Shipbuilding Production Value in Spain

From 2013 to 2023, the floating structures building and shipbuilding production value in Spain displayed fluctuations, with values oscillating but generally trending upwards. By 2023, the value was €3.03 billion, marking a 9.54% increase from the previous year. Notably, after a dip from 2014 to 2016, the industry experienced a resurgence, culminating in a 7.06% CAGR over the last five years.

Looking ahead, the forecasted data suggests a continuous, albeit moderate, growth with a 3.81% 5-year CAGR, reaching €3.88 billion by 2028. This steady growth reflects a robust market potential.

Key future trends to watch for include:

  • Technological advancements in shipbuilding.
  • Increased emphasis on sustainable and eco-friendly floating structures.
  • Potential market expansions and innovations in design and functionality.