In 2023, China dominated the global landscape in terms of full-time equivalent R&D personnel in basic metals manufacturing, accounting for 85.8% of the workforce. Notable year-on-year changes included China's 5.14% increase, while countries like Japan and Israel saw declines of 1.74% and 3.95% respectively. South Korea, Italy, and the United Kingdom experienced moderate growth. In contrast, Canada registered a significant decrease of 9.01%. For the five-year period, emerging trends indicate disparities in R&D allocations, with countries like New Zealand showing a remarkable 15.29% year-on-year growth, albeit from a smaller base.
Future trends to monitor include:
- The impact of China's continued R&D expansion on global market dynamics.
- Potential shifts in R&D focus from Western nations due to economic or policy changes.
- The effect of technological advancements and sustainability initiatives on R&D needs in the basic metals sector.
- Emerging markets increasing their R&D efforts, potentially altering the current distribution of global talent.
Top countries in Total Internal R&D Personnel in Manufacture of Basic Metals Share by Country (Units (Full-Time Equivalent))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 85.8 | 2023 | +4.4% | +5.14% | View data |
| 2 | 2 Japan | 4.51 | 2023 | -1.17% | -1.74% | View data |
| 3 | 3 South Korea | 2.35 | 2023 | +3.47% | +3.41% | View data |
| 4 | 4 Germany | 2.19 | 2023 | +1.01% | +0.96% | View data |
| 5 | 5 Italy | 0.97 | 2023 | +2.36% | +2.65% | View data |
| 6 | 6 United Kingdom | 0.65 | 2023 | +2.77% | +3.62% | View data |
| 7 | 7 Taiwan | 0.63 | 2023 | +2.81% | +5.34% | View data |
| 8 | 8 Israel | 0.33 | 2023 | +1.16% | -3.95% | View data |
| 9 | 9 Poland | 0.33 | 2023 | +4.65% | +3.45% | View data |
| 10 | 10 Canada | 0.3 | 2023 | -3.29% | -9.01% | View data |
