The non-ferrous metal exports from Spain have shown a varied trend over the past decade. From 2013 to 2023, the volume increased from 3.31 million metric tons to 5.38 million metric tons, reflecting an overall growth despite some fluctuations. In 2019 and 2020, the exports saw declines of -4.48% and -14.75% respectively. However, the trend turned upward with a 13.16% increase in 2022 and a further 8.69% rise in 2023.

The compound annual growth rate (CAGR) over the last five years (2018-2023) stands at a modest 1.97%. Forward-looking projections indicate that exports will continue to grow, reaching 6.74 million metric tons by 2028, with a forecasted five-year CAGR of 3.56% and an overall growth rate of 19.09% over this period.

Future trends to watch for:

Potential impact of global economic fluctuations on demand and prices of non-ferrous metals.
Technological advancements in recycling and production that could affect export volumes.
Changes in trade policies, both within the European Union and globally, that could influence Spain's export markets.