During the 2013-2023 period, the value added of non-metallic mineral products in Spain increased from €4.85 billion to €7.15 billion, with notable fluctuations. Between 2022 and 2023, there was a moderate growth rate of 2.97%. Over the last five years (2018-2023), the value added CAGR was 4.12%, indicative of a steady upward trend despite occasional declines, such as in 2020.

Looking forward to 2024-2028, the forecast suggests more tempered growth, with a projected 5-year CAGR of 1.65% and an overall growth rate of 8.54%. By 2028, the sector is expected to reach €7.97 billion in value added.

Future trends to watch for:

The impact of technological advancements and automation on production efficiency.
Sustainability initiatives and regulatory changes influencing market dynamics.
Global economic fluctuations and their effects on export markets.