The forecasted labour cost per employee FTE for the Cocoa, Chocolate, and Sugar Confectionery industry in Germany demonstrates a consistent upward trend from 2024 to 2028, starting at €64.0 thousand in 2024 and reaching €76.4 thousand by 2028. This signifies a substantial increase in the labour cost over the forecast period.
The year-on-year growth from 2024 to 2025 is approximately 5%, and similar annual growth is observable through 2028, indicating a steady rise in wages. The compound annual growth rate (CAGR) for the period from 2024 to 2028 is approximately 4.5%, reflecting sustained cost pressures on the industry.
Future trends to watch for include potential impacts from economic conditions, changes in labour laws, and advancements in automation and technology that could influence labour costs. Additionally, shifts in demand for cocoa and sugar confectionery products may also affect labour dynamics in this sector.
