In 2023, the employment in non-ferrous metals in Italy stood at 40,000 persons. Forecasted data from 2024 to 2028 indicates a gradual decline. The year-on-year changes reflect small decreases: -0.5% in 2025, -0.76% in 2026, -0.50% in 2027, and -0.77% in 2028. The compounded annual growth rate (CAGR) from 2024 to 2028 is negative, predicting a steady, slight reduction in employment within this sector. This trend suggests a slow contraction over this period.
Future trends to watch for include:
- Technological advancements driving automation, potentially reducing labor demand.
- Shifting global demand and supply chain adjustments due to economic changes.
- Environmental regulations and sustainable practices impacting industry operations and employment levels.