The forecast for labor cost per employee FTE in the UK's gravel and sand pits, and clay and kaolin mining industry shows a consistent decline from 2024 to 2028. In 2023, this cost stood at 38.9 thousand euros. The year-on-year changes reflect a gradual decrease: 2025 sees a reduction of approximately 1.6%, followed by similar reductions through to 2028. Over five years, this represents a compound annual growth rate (CAGR) of roughly -1.6%.
Future trends to monitor include technological advancements that could impact labor demand, regulatory changes influencing cost structures, and economic conditions affecting raw material pricing and overall production costs in the mining sector.
