Forecast: Employment in Pulp and Paper and Paperboard Sector in Spain

The employment in the Pulp and Paper and Paperboard Sector in Spain has experienced significant fluctuations from 2013 to 2023, with a general declining trend. The employment decreased from 9.35 thousand in 2013 to 8.68 thousand in 2023. Year-on-year variations reveal periods of both decline and growth, such as a 10.39% drop in 2014 and a 6.29% growth in 2015. However, there has been a consistent annual decrease in recent years, with a 1.51% reduction from 2022 to 2023. The five-year CAGR from 2019 to 2023 indicates a slight negative growth rate of 0.82%.

For the future, the forecast from 2024 to 2028 shows a continued decline in employment, with a predicted 5.15% reduction over five years and a forecasted CAGR of -1.05%. This suggests a persistent downward trend in the sector.

Future trends to watch for include:

  • Automation and technological advancements potentially leading to further workforce reductions.
  • Environmental regulations and sustainability practices impacting operational and employment structures.
  • Market demand shifts towards digital media reducing the need for traditional paper products.

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