The United States dominates the fabricated metal products manufacturing sector with 2.8 billion hours, followed by Japan (1.39 billion hours), and Italy (0.89913 billion hours). Year-on-year variations show mixed trends: the United States (-1.32%), Japan (-1.48%), Italy (+1.16%), and Ireland seeing the highest growth (+6.16%). There are notable declines in countries like Slovakia (-2.99%). Slovenia (+2.18%) and New Zealand (+1.92%) have shown significant growth. Over the last 5 years, trends demonstrate varying growth rates, indicating the need for continuous monitoring of industry shifts.
Future trends in the fabricated metal products manufacturing sector to watch for include increased automation, shifts in labor markets due to digitalization, and potential geopolitical impacts on supply chains. Moreover, sustainability initiatives and changes in raw material availability could significantly influence this sector.
Top countries in Employees in Fabricated Metal Products Manufacturing Sector by Country
# | 10 Countries | Million Hours | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 United States | 2,800 | 2023 | -0.99% | -1.32% | View data |
2 | 2 Japan | 1,390 | 2023 | -0.93% | -1.48% | View data |
3 | 3 Italy | 899.13 | 2023 | +0.0063% | +1.16% | View data |
4 | 4 Poland | 723.9 | 2023 | +4.9% | +1.45% | View data |
5 | 5 Spain | 389.42 | 2023 | +1.01% | +0.14% | View data |
6 | 6 Czech Republic | 290.04 | 2023 | +0.4% | -0.97% | View data |
7 | 7 Hungary | 142.13 | 2023 | +0.79% | -1.59% | View data |
8 | 8 Netherlands | 140.51 | 2023 | -0.35% | -0.0048% | View data |
9 | 9 Slovakia | 88.45 | 2023 | -0.58% | -2.99% | View data |
10 | 10 Finland | 65.3 | 2023 | +0.46% | -0.27% | View data |