Overview
- The Galician metal industry achieved a 10% increase in turnover, reaching €18.545 billion in 2024, while employment grew by 3% to over 60,000 workers.
- Exports rose by 4.9% to €12.371 billion, with Turkey emerging as a key destination, while imports fell by 13.4%, improving the trade balance.
- More than 50% of companies report unfilled staffing needs, with a shortage of up to 5,000 skilled workers hindering further growth.
- ASIME and the Xunta are focusing on defense-related investments, aiming to involve 150 companies and create 3,000 jobs over the next decade.
- The sector's 2025 outlook is stable or modestly positive, contingent on addressing workforce shortages and leveraging strategic investments.