The production in the mining and quarrying sector in Spain has shown considerable fluctuation from 2013 to 2023, with the highest value in 2017 at 4.37 billion Euros and a noticeable subsequent decline. The sector stood at 3.24 billion Euros in 2023, reflecting a -1.84% year-on-year decrease and an average annual shrinkage (CAGR) of -4.65% over the past five years. The data from 2024 onwards suggests a continued gradual decline, projected at a -1.16% CAGR through 2028, resulting in a sector value of around 3.0 billion Euros in 2028.

Future trends to watch for include:

The impact of regulatory changes and environmental policies on production levels.
Technological advancements in mining and quarrying that could potentially improve efficiency and output.
Fluctuations in global demand and commodity prices, influencing the economic viability of mining operations in Spain.