Based on the available data, Spain’s exports of biomass are expected to grow steadily from 2024 to 2028. In 2023, the exports stood at 54 million metric tons. The year-on-year growth rate is consistent, with a projected increase of around 2% each year. Specifically, exports are forecasted to reach 55.05 million metric tons in 2024, 56.17 in 2025, 57.26 in 2026, 58.33 in 2027, and 59.38 in 2028. The Compound Annual Growth Rate (CAGR) over the 5-year period is estimated at approximately 2% annually.

Future trends to watch for include:

Advancements in biomass technology which may boost production efficiency and export capacity.
Policies on renewable energy that could impact supply and demand dynamics in the biomass market.
Global economic factors influencing biomass market fluctuations and trade relations.
Environmental regulations driving adoption and usage of biomass as a sustainable energy source.