Forecast: Employment in Coke and Refined Products Sector in Germany

In 2023, employment in Germany's Coke and Refined Products sector stood at approximately 23.31 thousand FTEs. From 2024 to 2028, the sector exhibits a steady growth trend, with employment expected to rise from 23.61 to 24.82 thousand FTEs. This reflects annual year-on-year growth rates of approximately 1.27% to 1.32%. The compound annual growth rate (CAGR) for the 2024-2028 period is around 1.3%, indicating consistent sectorial growth.

Future trends to watch for include:

  • Technological advancements leading to improved efficiency and potentially impacting employment patterns.
  • The industry's adjustment to environmental regulations which may influence workforce demands.
  • Evolving market dynamics, such as fluctuations in global oil prices, likely affecting sector stability and employment.

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