The employment in the coke and refined petroleum products sector in Germany is anticipated to remain stable at 20,000 persons from 2024 through 2028. This represents a constant trend with no year-on-year variation, indicating that the predicted sectoral needs through this period are steady. In 2023, employment levels also stood at 20,000, reflecting no projected change in workforce demand over the next five years. Consequently, the compound annual growth rate (CAGR) over these years is essentially zero.
Future trends to watch for:
- Technological advancements and automation may influence employment demand.
- Shifts towards sustainable energy sources could impact sector dynamics beyond 2028.
- Potential regulatory changes affecting industry practices.