The energy supply of natural gas in Spain stood at 1.2318 million terajoules in 2023. Over the past decade, the values have exhibited fluctuations, with notable declines in the early 2010s followed by a recovery period. From 2021 to 2023, the energy supply saw minimal growth with year-on-year variations of 5.38%, -0.2%, and 0.22%, respectively. The Compound Annual Growth Rate (CAGR) over the past five years stands at 1.67%, indicating a relatively stable period with modest growth.
Looking forward, the forecasted data from 2024 to 2028 suggests a slow but steady increase in the energy supply, with a forecasted 5-year CAGR of 0.16%. This indicates a relatively stable but plateauing trend.
Future trends to watch for include:
