The forecast for Gross Value Added (GVA) per employee Full-Time Equivalent (FTE) in Germany’s Precious Metals and Non-Ferrous Metals Manufacturing sector suggests a steady increase from 2024 onwards. In 2023, the GVA stood at a lower level than the forecasted 101.4 thousand euros in 2024. Forecasted data reveals a gradual rise: 1.68% in 2025, 1.55% in 2026, 1.53% in 2027, and 1.50% in 2028. The anticipated compound annual growth rate (CAGR) over this five-year period is approximately 1.57%, signifying a controlled yet steady improvement in economic productivity per employee.
Future trends to watch for include:
- Technological advancements enhancing production efficiency.
- Potential impact of regulatory changes on production costs and employment dynamics.
- Global economic conditions influencing demand for precious and non-ferrous metals.
- Focus on sustainability potentially driving innovation and new business models within this sector.