In 2023, the number of employees in the Wholesale of Metals and Metal Ores sector in Italy stood at approximately 16.4 thousand. The forecasted data from 2024 to 2028 shows a declining trend, with employee numbers projected to decrease from 16.25 thousand in 2024 to 15.64 thousand in 2028. The year-on-year variation indicates a steady decrease in workforce, highlighting a consolidation trend within this industry. Over the projected five-year period, the compound annual growth rate (CAGR) suggests a moderate average annual decline.
Future trends to watch for:
- Technological advancements and automation potentially reducing the need for manual labor.
- Industry consolidation and mergers possibly influencing employment numbers.
- Shifts in global demand for metals affecting domestic workforce requirements.
- Policy changes or economic reforms impacting investment in the sector.