The employment in the Stone, Sand, and Clay Quarrying sector in Austria stood at 4.12 thousand Full-Time Equivalent (FTE) in 2023. The forecasted employment figures for the subsequent years are as follows: 4.13 thousand FTE in 2024, 4.14 thousand FTE in 2025, 4.15 thousand FTE in 2026, 4.16 thousand FTE in 2027, and 4.17 thousand FTE in 2028. The consistent year-on-year increase from 2024 to 2028 is approximately 0.24%, indicating a stable but slow-growing sector. The Compounded Annual Growth Rate (CAGR) over this five-year forecast period is also projected to be around 0.24%.
Future trends to watch for in this sector include:
• Advances in automation and technology which could influence employment figures. • Regulatory changes impacting the quarrying industry. • Economic fluctuations that could affect construction and infrastructure projects, directly influencing this sector. • Environmental concerns and sustainability measures potentially leading to shifts in operational practices.
