In 2023, South Korea led in the number of self-employed persons in the non-ferrous metals sector with approximately 24,000 individuals, followed by Japan with 7,000. Colombia (4,000), Italy (2,000), Germany (1,000), and the United States (1,000) had comparably smaller numbers. Notably, the U.S. experienced a steep drop of -100% from previous levels, eliminating self-employment within this sector.
Year-on-year analysis highlights South Korea and Japan with increases of 0.85% and 3.13%, respectively, while other nations maintained stable figures. Over the past five years, variations were more pronounced, indicating fluctuating self-employment trends across countries in this industry.
Future trends to watch:
- Potential growth in Japan’s self-employment, driven by technological advancements and industrial demand.
- Recovery prospects for the U.S. following its drastic decline.
- Sustainable growth strategies in South Korea to maintain leadership.
- Impact of global economic shifts on non-ferrous metals and their ripple effects on self-employment.
Top countries in Number of Self-Employed Persons in Non-Ferrous Metals by Country
| # | 6 Countries | Thousand Units (Persons) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 24 | 2023 | 0% | +0.85% | View data |
| 2 | 2 Japan | 7 | 2023 | 0% | +3.13% | View data |
| 3 | 3 Colombia | 4 | 2023 | 0% | 0% | View data |
| 4 | 4 Italy | 2 | 2023 | 0% | 0% | View data |
| 5 | 5 United States | 1 | 2023 | -100% | -100% | View data |
| 6 | 6 Germany | 1 | 2023 | 0% | 0% | View data |
