In 2023, the Gross Value Added (GVA) per employee FTE in the Italian stone cutting, shaping, and finishing sector stood at an undisclosed value. The forecasted increase from 2024 to 2028 shows a steady growth in productivity, rising from €82.3k to €89.7k. Year-on-year, this reflects an average growth rate of approximately 2.1%. Over a five-year period, the compound annual growth rate is expected to stabilize at around 1.8%.
Future trends to watch for:
- Technological advancements may enhance efficiency, potentially accelerating GVA growth.
- Global economic conditions could impact demand and influence productivity.
- Environmental regulations and sustainability initiatives may drive innovation.