The gross investment in Spain’s mining of metal ores sector stood at 159.0 million Euros in 2023, exhibiting a year-on-year growth of 3.31%. Observing the period from 2014 to 2023, the data reveals significant variance, including a sharp drop in 2016, steady recovery from 2018 onwards, and moderate growth in recent years. The compound annual growth rate (CAGR) over the last five years leading up to 2023 was -2.13%, indicating overall declining investment during this period.
Future projections indicate a positive trend with a forecasted 5-year CAGR of 2.26%, suggesting moderate growth. Expected investment increases through 2028 reflect a cumulative enhancement of 11.84% over five years.
Future trends to watch for:
- Technological advancements in mining that could impact cost-efficiency and investment appeal.
- Shifts in global metal demand that influence investment decisions.
- Regulatory changes impacting mining operations and related investments.