Production of silicon dioxide in Spain dramatically increased from zero in 2013-2015 to 71.7 million kilograms in 2016, signifying the start of substantive production. From 2017 to 2023, production rose notably with year-on-year variations fluctuating between -11.56% in 2020 and 30.08% in 2022. In 2023, production stood at 118.2 million kilograms, marking a 4.95% yearly increase, while the last five-year CAGR was 7.49%.
Future trends to watch for include continued steady growth, with the forecast suggesting a CAGR of 3.32% over the next five years, potentially reaching 145.8 million kilograms. Factors influencing this trend could include technological advancements, increasing demand from various industries, and potential supply chain adjustments.
