The UK wholesale of metals and metal ores sector is showing a declining trend in employee numbers from 2024 onwards, with forecasts indicating a drop from 26.2 thousand in 2024 to 25.74 thousand by 2028. This reflects an annual decrease, with a year-on-year percentage variation of approximately -0.46% from 2024 to 2028.
In terms of Compound Annual Growth Rate (CAGR), the sector experiences a gradual reduction in workforce over these five years. Future trends to watch for include potential automation, digitalization, and shifts in metal supply chains that could further impact employment. Additionally, economic policies, global metal demand, and sustainability initiatives could reshape the sector’s workforce landscape.
