Forecast: Number of Persons Employed in Manufacture of Basic Precious and Other Non-Ferrous Metals Sector in Germany

In 2023, the number of employees in the manufacture of basic precious and other non-ferrous metals sector in Germany was recorded at 63.60 thousand. Over the forecast period from 2024 to 2028, a gradual decline is expected with the number of employees decreasing slightly each year, from 63.58 thousand in 2024 to 63.52 thousand in 2028. The year-on-year percentage variation reflects a minimal decline, indicating a relatively stable employment level with slight negative annual growth. The compound annual growth rate (CAGR) over the five-year period suggests an average marginal contraction.

Future trends to watch for include technological advancements potentially influencing workforce needs, geopolitical factors affecting metal trade, and environmental regulations impacting sector operations. Monitoring these trends will be crucial for understanding potential shifts in employment levels within the industry.

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