In 2023, the coke and refined products sector in Brazil had a total of approximately 300,000 employees. Forecast data from 2024 to 2028 indicates a steady increase in employment, with an average compound annual growth rate (CAGR) of around 3%. Year-on-year growth rates from 2024 onward show a consistent increase, suggesting a healthy expansion in the sector. Specifically, annual increases are around 3-4%, peaking towards the latter years of the forecast period.
Future trends to watch for include:
- Technological advancements in refining processes, potentially impacting labor needs.
- Regulatory changes in environmental policies that might influence employment patterns.
- Fluctuations in global oil prices affecting production and related employment.