Forecast: Employment in Stone, Sand and Clay Quarrying Sector in Spain

The Stone, Sand, and Clay Quarrying sector in Spain has experienced a consistent decline in employment over the past decade. In 2023, the sector employed 6.03 thousand full-time equivalents (FTEs), reflecting a decrease from previous years. Key annual variations include a -14.28% decline in 2022 and an additional -16.48% drop in 2023. Over the last five years, the compound annual growth rate (CAGR) indicates an average annual reduction of -8.67% in employment. Future projections show a sharp decline, with a forecasted 5-year CAGR of -44.51%, leading to a significant reduction to 0.255 thousand FTEs by 2028.

Future trends to watch for include:

  • Ongoing automation and technological advancements potentially reducing the need for human labor in quarrying operations.
  • Possible regulatory changes impacting the sector’s economic viability.
  • Shifts in the construction industry that could influence demand for raw materials sourced from quarries.

Top Countries about Quarrying