The Mining of Metal Ores sector in Finland experienced fluctuations over the past decade. From 2013 to 2015, there was a significant decline, with 2015 marking the lowest employment at 1.72 thousand employees. A notable rebound occurred in 2016, leading to a steady growth trend. By 2023, the sector employed 2.8 thousand individuals, reflecting a CAGR of 4.09% over the past five years.
Between 2022 and 2023, the year-on-year employment growth stood at 4.36%, indicating a stable increase. Forecasts for the next five years project continued growth with a CAGR of 2.93%, reaching 3.37 thousand employees by 2028, representing a 15.53% overall increase.
Key future trends to watch for include:
- Technological advancements improving operational efficiency.
- Fluctuations in global metal demand affecting employment dynamics.
- Regulatory changes impacting mining operations and workforce requirements.