Forecast: Employment in Non-Metallic Mineral Products Sector in Spain

The employment in the non-metallic mineral products sector in Spain has seen fluctuating trends over the last decade. Starting at 154.05 million hours in 2013, the value stood at 176.82 million hours in 2023, indicating a growing trend despite some dips and spikes.

In the last two years, the sector experienced moderate growth, with a year-on-year variation of 2.09% from 2022 to 2023. Over the last five years, the compound annual growth rate (CAGR) has been 2.16%, reflecting a steady upward momentum.

Forecasts from 2024 to 2028 predict a continuation of this trend, with a forecasted CAGR of 0.75% and an overall growth rate of 3.8% by 2028.

Future Trends to Watch:

  • Technological advancements in production processes may impact labor requirements.
  • Sustainability and environmental regulations could drive changes in employment dynamics.
  • Market demand fluctuations driven by construction and infrastructure projects will play a crucial role.

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