The forecasted turnover per employee in the Italian ornamental, building stone, limestone, gypsum, chalk, and slate quarrying industry is set to increase steadily from 165.6 thousand Euros in 2024 to 176.0 thousand Euros by 2028. This translates to an average annual growth rate (CAGR) of approximately 1.5% over the five-year period from 2024 to 2028. The year-on-year growth rate is forecasted to gradually increase from around 1.6% in the initial years up to about 1.5% towards the end of the period.
Future trends to watch:
- Technological advancements in quarrying and stone processing improving efficiency and output.
- Rising demand for sustainable and eco-friendly building materials potentially driving higher turnover.
- Potential economic and regulatory impacts within Italy and the EU affecting industry growth.
- Global economic trends shaping international trade and demand for Italian stone materials.