The stone, sand, and clay quarrying sector in Spain experienced a notable decrease in wages and salaries from 2013 to 2023, going from 295.2 million euros to 253.5 million euros. The year-on-year variations show occasional minor recoveries but generally indicate a persistent decline. Specifically, wages and salaries displayed average annual decreases, as highlighted by the -0.63% CAGR from 2018 to 2023.
Future forecasts suggest a continued modest decline in wages and salaries for the sector, with an anticipated CAGR of -0.57% through 2028, reaching 243.5 million euros. This forecast includes a total decrease of 2.83% over the next five years. Key trends to watch include the impact of automation, sustainability policies, and market consolidation, which may influence labor costs and sector dynamics.
- 2013-2023: Consistent decline with occasional small recoveries.
- 2024-2028: Projected continued decline with a forecasted CAGR of -0.57%.
