In 2023, the Iron Casting Gross Value Added (GVA) per employee in Italy stood at a significant base as the subsequent years illustrate a steadily increasing trend. From 2024 to 2028, forecasts suggest a year-on-year growth with fluctuations ranging from approximately 2.3% to 2.1%. This indicates a positive outlook in efficiency and productivity per employee in the iron casting industry, with an average compounded annual growth rate (CAGR) of around 2.1% over this five-year period.
Future trends to watch for include technological advancements, particularly in automation and digital manufacturing, which could further enhance productivity and GVA per employee. External economic factors, such as supply chain stability and raw material costs, will also play critical roles in shaping future values.
