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Spanish paper industry’s 2025 revenue slips 2.7% to €5.09 bn amid export headwinds

Executive summary: The Spanish paper industry reported 2025 revenue of €5.092 billion, down 2.7% year‑on‑year. The decline highlights vulnerability to external demand shocks, especially from Middle Eastern markets, and raises concerns about the sector’s growth prospects and potential cost‑cutting measures.

Who is involved: Spanish paper producers, industry associations, and the Ministry of Industry, Trade and Tourism.

Likely next: If the Middle East conflict persists, export volumes may stay subdued, prompting firms to seek domestic alternatives, pursue consolidation, or request government support.

In 2025, the national paper sector generated €5.092 billion, a 2.7% decline from the previous year, according to data released by Expansión. The drop is attributed to weaker export demand, particularly linked to the ongoing conflict in the Middle East, which has curtailed shipments to key overseas markets. While domestic consumption remained relatively stable, the sector faces pressure to diversify markets and improve competitiveness. Analysts warn that prolonged export weakness could affect investment and employment in the industry.

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