The wages and salaries in the Stone, Sand, and Clay Quarrying sector in Brazil have been forecasted to grow consistently from 2024 to 2028, starting at BRL 2.15 billion in 2024 and reaching BRL 2.41 billion in 2028. In 2023, the sector stood at BRL 2.09 billion. The year-on-year growth is 3.26% in 2024, 3.26% in 2025, 2.70% in 2026, 2.63% in 2027 and 2.55% in 2028. The five-year CAGR from 2024 to 2028 is approximately 3.01%, indicating a steady upward trend in compensation.
Future trends to watch for include potential impacts from macroeconomic factors such as inflation and exchange rates, as well as sector-specific elements like technological advancements and demand fluctuations, which could influence wage growth in this industry.
