The Gross Value Added (GVA) per employee FTE for the UK's stone cutting, shaping, and finishing industry is forecasted to rise steadily from 2024 to 2028. In 2023, this figure stood at €75.00 thousand. Over this forecast period, the year-on-year increase averages around 2.5%, demonstrating a robust upward trend.
Future trends to watch for:
- Adoption of advanced technologies could further enhance productivity.
- Possible shifts in supply chain dynamics or raw material costs impacting GVA.
- Environmental regulations potentially influencing industry operations.
- Fluctuations in construction and real estate sectors affecting demand.