Forecast: Number of Persons Employed in Casting of Non-Ferrous Metals Sector in Germany

As of the end of 2023, the number of persons employed in the casting of non-ferrous metals sector in Germany is estimated to be slightly below 36.62 thousand. The forecast data from 2024 to 2028 suggests a steady growth in employment numbers, with increments of approximately 0.18 to 0.17 thousand employees annually. The compound annual growth rate (CAGR) over the next five years is modest, indicating a gradual but stable expansion in the workforce.

Future trends to monitor include:

  • Technological advancements in the sector that might influence employment rates, either by increasing demand for skilled labor or reducing the need for certain roles through automation.
  • Environmental policies and regulations impacting non-ferrous metal industries, potentially shaping labor market dynamics.
  • Economic factors such as global demand for non-ferrous metals, which could influence production levels and, consequently, employment rates.

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