The data on wages and salaries in the Metal Forming Machinery and Machine Tools sector in Germany shows a mixed trend from 2013 to 2023. The sector saw steady growth from 2013 to 2018, peaking with a significant 10.95% year-on-year increase in 2018. However, 2020 experienced a notable decline of 10.64%, likely due to global economic disruptions. The subsequent years showed recovery, with a year-on-year increase of 4.82% in 2023. As of 2023, the value of wages and salaries in this sector stands at 7.15 billion euros.

Future trends to watch for include:

Continued moderate growth up to 2028, with forecasted CAGR of 1.82%.
Potential impacts of technological advancements and automation on employment and wages.
Economic conditions and policy changes affecting the manufacturing sector.