The labour cost per employee FTE for gravel and sand pits, as well as the mining of clays and kaolin in Germany, is forecasted to rise from 60.4 thousand euros in 2024 to 66.0 thousand euros in 2028. This marks a steady year-on-year increase of around 2.3% for each year within this period. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately 2.3%. As a reference, in 2023, the observed values were slightly lower, indicating a consistent upward trend in labour cost.
Looking forward, it will be crucial to monitor factors such as inflation, broader economic conditions, and advancements in automation and technology within the industry, as these could significantly impact labour costs and productivity in the sector.
