The production value of structural metal products in Spain stands at 10.0 billion Euros in 2023. Forecast data indicate a continuous decline from 9.1 billion Euros in 2024 to 6.53 billion Euros in 2028. Year-on-year, this reflects a 7.14% decrease in 2025, a 7.69% drop in 2026, an 8.21% decline in 2027, and a 8.80% reduction in 2028. The compound annual growth rate (CAGR) over the five-year period from 2023 to 2028 is -7.99%.
Future trends to watch for include potential impacts from shifts in the construction industry, technological advancements in metal production, regulatory changes, and economic conditions influencing demand for structural metal products. Sustainability initiatives and competition from alternative materials could also play crucial roles in shaping the market.
