Based on the data, the number of employees in the Basic Chemicals Sector in Norway is forecasted to decrease from 4.95 thousand in 2024 to 4.63 thousand in 2028. The year-on-year percentage variation shows a consistent decline over the years: a 1.62% drop from 2024 to 2025, a 1.64% drop from 2025 to 2026, a 1.67% drop from 2026 to 2027, and a 1.70% drop from 2027 to 2028.
The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 stands at approximately -1.66%, indicating a steady reduction in workforce numbers annually within the sector.
Future trends to watch for include potential advancements in automation and technology, which could further impact employment levels. Additionally, shifts in global chemical demand and environmental regulations may also play a significant role in shaping the sector's workforce dynamics.