In 2023, total employee hours in the seafood sector in Norway stood at 21.16 million hours. For 2024, the forecast projects a rise to 21.44 million hours, reflecting a 1.32% year-on-year increase. This upward trend continues with forecasted values of 21.85 million hours in 2025 (a 1.91% increase), 22.18 million hours in 2026 (a 1.51% increase), 22.44 million hours in 2027 (a 1.17% increase), and 22.65 million hours in 2028 (a 0.94% increase). Overall, the compound annual growth rate (CAGR) from 2023 to 2028 is 1.37%, indicating a steady rise in employee hours over the five-year period.
Future trends to watch for:
- Technological advancements in seafood processing and aquaculture may drive efficiency and potentially impact labor demand.
- Regulatory changes concerning labor laws or environmental policies could influence workforce requirements.
- Global seafood market dynamics, including demand and export conditions, will play a crucial role in shaping future employment trends in the sector.
