As of 2023, the Gross Value Added (GVA) per employee FTE for the forestry and agricultural machinery sector in the UK stood at approximately 75.5 thousand Euros. Forecasted data from 2024 to 2028 indicates a declining trend in the GVA per employee, decreasing from 74.2 to 69.6 thousand Euros. Year-on-year percentage variations show a consistent decline, with an average CAGR of around -1.5% over this period. These forecasts suggest a gradual decrease in productivity or economic contribution per employee over the coming years.
Future trends to watch include advancements in technology and automation, which could potentially reverse the declining productivity trend. Additionally, changes in agricultural policies, sustainable practices, and market demand could significantly impact productivity metrics in this sector.
