The bauxite trade balance for Spain is forecasted to show a steady increase from 2024 to 2028, with the metric tons per capita incrementally rising from 0.084 in 2024 to 0.087 in 2028. This represents year-on-year growth rates of approximately 1.19% from 2024 to 2025, 1.18% from 2025 to 2026, a stagnation from 2026 to 2027, and a slight increase of 1.16% from 2027 to 2028. The compound annual growth rate (CAGR) over this five-year period will average around 1.13% annually.
Future trends to watch for include potential shifts in global bauxite demand, changes in trade policies that could impact bauxite imports and exports, and technological advancements in bauxite processing that may influence Spain's trade balance. Additionally, environmental regulations and sustainability initiatives could play a significant role in shaping the future landscape of Spain's bauxite trade.