SAO PAULO (ICIS)–Spanish chemicals sales are expected to rise in 2024 by 4.8%, compared with 2023, to €86.5 billion while output is expected to expand by 7.1%, the country’s chemicals trade group Feique said this week.
The enviable figures for chemicals are expected to be repeated in other manufacturing sectors as well as in the services sector, which makes up around 80% of Spain’s economy and includes its powerful tourism industry.
For 2025, Feique forecasts chemicals sales will rise by 4.2%, compared to 2024, pushing the country’s chemicals sales over the €90 billion mark for the first time. Output is expected to rise by 3.2% next year.
Published by: www.icis.com
Jonathan Lopez
25-Oct-2024
