In 2023, the labor cost per employee FTE for ceramic household and ornamental articles in Germany was approximately 44 thousand euros. The forecast from 2024 to 2028 suggests a steady increase in labor costs, starting at 44.1 thousand euros in 2024 and reaching 44.8 thousand euros by 2028. The year-on-year variation is relatively modest, demonstrating stability in labor costs with slight increases each year. The five-year Compound Annual Growth Rate (CAGR) indicates a gradual, consistent rise in labor costs, reflecting industry stability.
Future trends to watch include potential impacts from digitalization and automation in manufacturing, which may influence labor costs. Additionally, global economic factors such as inflation and raw material prices could affect future cost predictions in this sector.
