Forecast: Employment in Agrochemicals and Pesticide Sector in Italy

The employment in the agrochemicals and pesticide sector in Italy has seen fluctuating trends from 2013 to 2023. The sector reached its peak value in 2020 with 1.92 thousand FTE but has generally experienced a downtrend. The year-on-year variation has been volatile, with significant increases in certain years such as 2014 (15.37%) and 2020 (16.33%), while other years showed considerable declines, such as 2018 (-10.45%) and 2021 (-17.94%). As of 2023, employment stood at 1.54 thousand FTE, witnessing a slight decline from the previous year.

Looking at the long-term trend, the sector is expected to continue its declining trajectory, with forecast data indicating a gradual reduction in employment from 2024 to 2028. The 5-year CAGR from 2023 shows a slight annual decrease by -1.02%, predicting a 5.01% overall reduction by 2028.

Future trends to watch for include technological advancements in agriculture that may impact sector employment, shifts in regulatory policies affecting pesticide use, and global market conditions influencing Italy's agrochemical sector. These factors could further shape the employment landscape and either mitigate or exacerbate the decline.