The agrochemicals and pesticide sector in the UK has witnessed various fluctuations in employment numbers from 2013 to 2023. Starting from 3.02 thousand employees in 2013, the sector saw minor increases until a significant dip in 2016 to 1.89 thousand, followed by moderate recovery and stabilization. As of 2023, the sector employs 2.17 thousand individuals. Year-on-year variations ranged from notable declines like -34.94% in 2016 to positive spikes like 28.91% in 2018. The sector experienced an average year-on-year decline of 1.23% in both 2022 and 2023. The five-year CAGR as of 2023 is -2.59%.
Future trends suggest a continued slow decline, given the forecasted 1.05% CAGR decrease up to 2028, amounting to a 5.14% overall reduction.
Key trends to watch include:
- Technological advancements in agrochemicals reducing dependency on labor.
- Regulatory changes impacting employment dynamics.
- Market shifts towards organic and sustainable farming practices potentially influencing workforce requirements.