| Year | Value (Million Euros) | Year-on-Year (%) |
|---|---|---|
| 2013 | 234.8 | 7.76 |
| 2014 | 238.9 | 1.75 |
| 2015 | 263.4 | 10.26 |
| 2016 | 306.3 | 16.29 |
| 2017 | 306.1 | -0.065 |
| 2018 | 349.5 | 14.18 |
| 2019 | 348.2 | -0.37 |
| 2020 | 338.7 | -2.73 |
| 2021 | 350.0 | 3.34 |
| 2022 | 351.3 | 0.37 |
| 2023 (Forecast) | 352.3 | 0.28 |
| 2024 (Forecast) | 353.1 | - |
| 2025 (Forecast) | 353.7 | - |
| 2026 (Forecast) | 354.3 | - |
| 2027 (Forecast) | 354.7 | - |
| 2028 (Forecast) | 355.0 | - |
In the last two years, the production value for paper and paperboard machinery in Spain showed a slight upward trend, with a year-on-year increase of 0.37% in 2022 and 0.28% in 2023. The Compound Annual Growth Rate (CAGR) from 2023 to 2028 is projected to be 0.11%, reflecting a generally stable market with minimal growth.
Future Trends to Watch: Considering the forecasted data, the production value of paper and paperboard machinery in Spain will witness modest growth. Factors affecting this trend include technological advancements, changes in market demand, and environmental regulations, particularly in the context of sustainability and recycling. Monitoring these variables will be crucial for strategic planning.
