gasworld logo

gasreport: Western Europe – Spain



The Spanish industrial gas market was one of the largest markets in Europe, with the commercial gas market generating revenues of approximately $1.4bn. This was up from $1.07bn in 2009, indicating an average annual growth rate of 2.9% p.a. for the decade.

The Spanish economy was hit hard by a prolonged recession in the wake of the global financial crisis that began in 2008. However, GDP growth rates in the last two years look promising, with growth rates of 3.5% in 2018 and 3.6% in 2019.

Within the 2019-2024 timeframe, our forecast models predict growth from 1.9% p.a. in a low scenario to 2.7% p.a. in a high scenario. Accordingly, the industry in Spain is expected to achieve revenues of between $1.54bn to $1.60bn by 2024.

Published: 2020

Report Data: 2019

Each report contains a 10-year history and 5-year forecast of the respective gas markets.

  • Industrial gas supply structure
  • Companies operating within each country
  • Market structure in terms of demand for gases
  • Macro-economic influences and drivers
  • Future market forecasts
  • Investment potential

Your cart 0

No products in the basket.

Please wait...