The employment in the spirits sector in Spain has experienced significant variations over the years. From 2013 to 2023, the sector saw fluctuations with notable highs and lows. Employment saw a decline between 2013 to 2014, dropping by 3.76% and 7.02% respectively. A positive shift occurred in 2015 with an 8.4% increase, continuing modestly until 2017. Growth surged in 2019 by 17.11%, followed by a sharp decline in 2020 due to global challenges, dropping by 21.95%. Post-2020, the sector rebounded strongly, seeing a 25.98% increase in 2021 and a continued upward trend reaching 13.83% in 2023.
Notably, employment stood at 4.8 thousand FTEs in 2023. The forecast data suggests continued growth, with a forecasted CAGR of 5.32% from 2024 to 2028, indicating a significant prospective increase in employment by 29.58% over the next five years.
Future trends to watch for include the potential impacts of technological advancements on production, shifts in consumer preferences towards premium and craft spirits, and regulatory changes affecting the industry. Tracking these factors will be crucial in understanding the evolving landscape of employment in the spirits sector in Spain.
