The forecast for self-employed individuals in the basic metals and fabricated metal products manufacturing sector in Germany indicates a decreasing trend from 2024 to 2028. The data shows a gradual decline in the number of million hours worked, starting at 100 million hours in 2024 and descending to 94 million hours by 2028.
Year-on-year variations demonstrate a continuous decline, with a decrease of 2.0% from 2024 to 2025 and a further 1.0% drop in 2026. The most notable decrease occurs from 2026 to 2027, with a 2.1% reduction, followed by a 1.05% decline in 2028. From a broader perspective, the compound annual growth rate (CAGR) forecasts an average yearly reduction of approximately 1.6% over the next five years.
Future trends to watch in this sector include the impact of technological advancements and automation, which could further influence the demand for self-employed workers. Additionally, shifts in global trade policies and economic conditions may also affect the industry's growth and employment landscape.
