The European Precious Metals industry shows varied trends in employment across countries. As of 2023, Germany leads with 4,340 employees, despite a 2.23% decline from the previous year. Italy experienced a significant growth of 19.92% in employment, reaching 3,830 employees. Smaller markets like Croatia and Poland showed positive but modest increases, while countries like Norway and Greece faced declines of 2.92% and 12.13%, respectively. The Netherlands also saw a decrease in employment by 5.59%. In contrast, Finland and Latvia maintained stable employment levels, showing no changes year-over-year.
Future trends to watch include increased automation and technology adoption, which could influence employment dynamics. Policymakers and businesses should monitor shifts towards sustainable practices and the impact of geopolitical factors on the precious metals market, which might affect employment numbers in this sector across Europe.
Top countries in Precious Metals Number of Persons Employed by Country
| # | 10 Countries | Units (Employees) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 4,340 | 2023 | -0.82% | -2.23% | View data |
| 2 | 2 Italy | 3,830 | 2023 | +10.32% | +19.92% | View data |
| 3 | 3 Croatia | 496 | 2023 | +7.16% | +8.6% | View data |
| 4 | 4 Poland | 438 | 2023 | +2.82% | +3.43% | View data |
| 5 | 5 Portugal | 187 | 2023 | +3.31% | +1.22% | View data |
| 6 | 6 Norway | 69 | 2023 | 0% | -2.92% | View data |
| 7 | 7 Finland | 49 | 2023 | -2% | 0% | View data |
| 8 | 8 Greece | 33 | 2023 | -19.51% | -12.13% | View data |
| 9 | 9 Romania | 32 | 2023 | 0% | +0.64% | View data |
| 10 | 10 Netherlands | 21 | 2023 | -4.55% | -5.59% | View data |