The forecasted sold production of precious metals in Spain shows a continuous upward trend from 2024 to 2028. The value in 2024 stands at 701.09 million Euros, increasing steadily each year to reach 796.45 million Euros in 2028. When examining year-on-year variation, we observe incremental growth of approximately 3.5% to 3.8% annually. The last two years show slightly higher growth compared to preceding years, indicating a strengthening market. With a compound annual growth rate (CAGR) around 3.9% over this five-year period, the sector demonstrates consistent expansion.
Future trends to watch for include potential impacts of economic shifts, technological advancements in mining and processing, and fluctuations in global demand for precious metals. Monitoring international trade policies and environmental regulations will be crucial for predicting the long-term stability and growth of Spain's precious metals sector.
