In 2023, the labour cost per full-time equivalent employee for the preparation and spinning of textile fibres in Italy was approximately 48.0 thousand euros. Forecasted data from 2024 to 2028 indicates a modest year-on-year increase of 0.4% annually, reaching 49.0 thousand euros by 2028. Over this five-year period, the compound annual growth rate (CAGR) is expected to be consistent at around 0.41%.
Future trends to watch for:
- Automation and technological advancements potentially impacting labour costs.
- Market demand fluctuations affecting employment and cost structures.
- Impact of economic policies and international trade agreements on the textile industry.