In 2023, China led the global count of researchers in the basic iron and steel manufacturing sector with 19.24 thousand FTEs, despite a 4.54% decrease from the previous year. Japan followed with 4.29 thousand FTEs but experienced a smaller decline of 1.34%. Conversely, countries like South Korea, Poland, and New Zealand saw positive growth at rates of 2.99%, 6.15%, and 13.62% respectively. Notably, Canada and Slovakia saw significant declines of 7.6% and 10.57% respectively. Over the last five years, these trends have culminated in varying CAGRs that indicate differing long-term growth patterns across countries.
Future observations should focus on the impact of technological advancements and sustainability initiatives within the industry. Nations investing in innovative solutions for carbon neutrality and modern manufacturing processes may see shifts in researcher dynamics. Additionally, geopolitical and economic factors could alter the landscape, affecting countries differently based on regional policies and global supply chain alterations.
Top countries in Total Researchers in Manufacture of Basic Iron and Steel; Casting of Iron and Steel. By Country
| # | 10 Countries | Units (Full-Time Equivalent) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 19,240 | 2023 | -6.37% | -4.54% | View data |
| 2 | 2 Japan | 4,290 | 2023 | +0.047% | -1.34% | View data |
| 3 | 3 South Korea | 2,670 | 2023 | +3.91% | +2.99% | View data |
| 4 | 4 Germany | 1,160 | 2023 | +1.31% | +1.28% | View data |
| 5 | 5 Taiwan | 423.77 | 2023 | +1.5% | +1.64% | View data |
| 6 | 6 Poland | 283 | 2023 | +5.2% | +6.15% | View data |
| 7 | 7 Italy | 224.3 | 2023 | +2.47% | +1.72% | View data |
| 8 | 8 Spain | 158.11 | 2023 | -2.6% | -4.11% | View data |
| 9 | 9 Czech Republic | 65.22 | 2023 | -0.89% | +2.02% | View data |
| 10 | 10 Canada | 64 | 2023 | -7.25% | -7.6% | View data |
