From 2013 to 2022, employment in the industry exhibited minimal variation, oscillating between 109.0 and 112.0 thousand units. After a slight drop in 2015, employment rebounded to 112.0 thousand units in 2017, maintaining that level through 2028. Recent trends indicate stable employment with 0% year-on-year variation expected from 2023 to 2028. The 5-year CAGR from 2018 to 2023 is 0%.
Future Trends to Watch: Stability in employment signifies a mature industry. However, potential shifts in regulatory policies, advancements in clean energy, and market demand for refined petroleum products may influence future employment trends.
