The employment in Italy's Coke and Refined Products sector shows a declining trend from 2024 to 2028. In 2023, the number was around 10.5 thousand employees. The forecasts indicate a year-on-year decrease, with a noticeable drop of approximately 4% annually. Over the five-year span, the compound annual growth rate (CAGR) suggests a shrinking workforce in this sector by an average of approximately 4.25% per year.
Future trends to watch for:
- Technological advancements potentially leading to further automation.
- Regulatory and environmental changes affecting production processes.
- Shifts in global energy markets influencing demand for coke and refined products.
- Potential skill mismatches and labor market adjustments in response to industry changes.