Forecast: Number of Employees in Manufacture of Fabricated Metal Products (Except Machinery and Equipment) Sector in Germany

In 2023, the number of employees in the manufacture of fabricated metal products (except machinery and equipment) sector in Germany stood at approximately 934,000. Forecasted data from 2024 to 2028 indicates a steady growth trend, with the number of employees expected to increase from 943.86 thousand in 2024 to 980.29 thousand by 2028.

The sector is projected to see moderate year-on-year growth, with an average compound annual growth rate (CAGR) of around 0.9% over the five-year period from 2024 to 2028.

Future trends to watch for include potential impacts from technological advancements, automation, and sustainability demands, which could influence employment dynamics in this traditionally labor-intensive sector. Keeping an eye on international trade policies and raw material price fluctuations is also recommended.