The turnover per employee in Germany's industrial gases sector, expressed in thousands of euros, exhibited a downward trend. In 2023, it stood at a higher level than the forecast for 2024. The forecast for 2024 indicates a turnover per employee of 206.4, which steadily declines to 153.1 by 2028. Year-on-year, the turnover per employee declines, reflecting economic pressures and possibly advancing technology reducing labor demand. The compound annual growth rate (CAGR) over the past five years indicates a negative trend, signifying an average yearly decrease.
Future trends to watch for include:
- Innovation in industrial gas applications potentially improving efficiency.
- Influence of energy prices on production costs.
- Regulatory impacts and environmental policies affecting the market.
- Global supply chain disruptions and their effect on the industry.
