In 2023, South Korea led self-employment in basic metals with 83,000 persons, showing a marginal increase of 0.24%. Colombia saw a decline of 1.21%, while Japan experienced a notable growth of 2.38%. Poland reported the highest growth rate at 3.71%, contrasting with Italy's significant drop of 5.59%. Germany, New Zealand, and the UK remained stable with no change. Over five years, the average annual compound growth rate varied with shifts influenced by regional economic conditions and market demands.
Future trends to watch include technological advancements affecting traditional metalworking, shifts in global supply chains, and sustainability drives influencing employment structures across regions. Close attention should be paid to emerging markets disrupting traditional industry leaders.
Top countries in Number of Self-Employed Persons in Basic Metals by Country
| # | 8 Countries | Thousand Units (Persons) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 83 | 2023 | 0% | +0.24% | View data |
| 2 | 2 Colombia | 20 | 2023 | 0% | -1.21% | View data |
| 3 | 3 Japan | 18 | 2023 | 0% | +2.38% | View data |
| 4 | 4 Poland | 6 | 2023 | 0% | +3.71% | View data |
| 5 | 5 Italy | 3 | 2023 | 0% | -5.59% | View data |
| 6 | 6 Germany | 3 | 2023 | 0% | 0% | View data |
| 7 | 7 New Zealand | 1 | 2023 | 0% | 0% | View data |
| 8 | 8 United Kingdom | 1 | 2023 | 0% | 0% | View data |