Forecast: Employment in Non-Specialized Wholesale Trade Sector in Sweden

The employment in the non-specialized wholesale trade sector in Sweden demonstrated a declining trend over the historical period from 2013 to 2023, with significant decreases particularly noted post-2017. The value in 2023 stood at 0.881 thousand full-time equivalents, accentuating a consistent downtrend with a year-on-year variation of -2.11% from 2022 to 2023. The compounded annual growth rate (CAGR) over the last five years illustrates an average yearly decrease of -4.13%.

From 2024 onwards, the forecast data continues to predict a further downward trajectory with a projected 5-year CAGR of -1.88%, leading to a cumulative decline of approximately -9.06% by 2028. Employment is expected to dwindle to 0.783 thousand full-time equivalents by 2028.

Future trends to watch for:

  • Technology and automation advancements impacting workforce requirements.
  • Shifts in global supply chain dynamics and sourcing practices.
  • Potential regulatory changes affecting the wholesale trade sector.
  • Economic variables such as consumer demand and purchasing power.

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