Between 2013 and 2023, the number of persons employed in the basic chemicals sector in Italy showed significant fluctuations. From 2013 to 2016, there was a general decline in employment. However, the sector saw a substantial increase in 2017, followed by steady employment levels until 2019. The year 2020 marked a significant drop in employment, likely influenced by the pandemic. Employment numbers rebounded in the subsequent years, reaching 28.83 thousand employees by 2023.
Year-on-year variation showcases significant shifts, with notable drops in 2014 and 2020, contrasted by considerable growth in 2017, 2021, and 2022. The Compound Annual Growth Rate (CAGR) reflects long-term trends with declines between 2013 and 2016, recovery from 2017 onwards, and a slight growth rate anticipated moving forward.
Future trends to watch for in the basic chemicals sector in Italy include:
- Technological advancements and their impact on employment.
- Regulatory changes affecting the industry.
- Potential fluctuations due to global economic conditions.
