Forecast: Number of Employees in Casting of Non-Ferrous Metals Sector in Germany

As of 2023, the casting of non-ferrous metals sector in Germany employed approximately 36,180 people. The forecasted trend from 2024 to 2028 indicates a steady increase in employment, from 36,350 employees in 2024 to 37,050 by 2028. This reflects a year-on-year growth of around 0.5% to 0.6%. The compound annual growth rate (CAGR) over the five-year period is expected to maintain a gradual upward trajectory.

Future trends to watch for include technological advancements enhancing production efficiency, shifts in demand for non-ferrous metals due to green technology applications, and potential impacts of environmental regulations on industry employment dynamics. Monitoring global market demand and raw material availability will be crucial in shaping sector employment.

Top Countries about Non-Ferrous Metal