The iron ore mining sector in Turkey has seen fluctuations in employment over the past decade. The number of employees increased slightly from 2013 to 2014, with a peak in 2014, followed by a downturn from 2015 to 2018. The most significant decline occurred in 2018. From 2019 onwards, the sector displayed variability with slight improvements, and by 2023, employment stabilized around 2.7 thousand employees. Over the last five years, the sector saw an average annual decrease of 4.38%, with 2023 showing a modest 0.33% increase year-on-year.
Going forward, the forecasted data suggests a very modest growth in employment, with the number of employees expected to reach 2.75 thousand by 2028, reflecting a 5-year CAGR of 0.25% and a total growth rate of 1.25%. This indicates a stable, albeit slow, recovery.
Future trends to watch for:
- Technological advancements in mining processes could either reduce the need for labor or shift employment roles.
- Global iron ore demand and pricing trends will impact Turkey's employment levels.
- Environmental regulations and sustainability initiatives may influence labor dynamics in the sector.
