In 2023, aviation gasoline imports to Spain stood at 173.85 Terajoules. The data indicates fluctuations in import values with notable highs and lows over the past decade. Following a 6.12% increase in 2023, there is a projected slight decline in future years with the compound annual growth rate (CAGR) over the next five years being -1.79%. Over the past five years, the CAGR stood at 5.52%, showing a moderate yearly increase.
Key historical trends include:
- High variation from 2020 to 2021 with a dramatic increase of 95.67%
- A substantial drop of 37% in 2022
- A steady increase leading up to 2023
Future trends to monitor include the factors influencing this forecasted decline, such as policy changes, technological advancements, and shifts in demand patterns. Particularly, understanding how sustainable aviation fuel development and broader economic conditions will impact aviation gasoline imports will be critical for strategic planning.
