Forecast: Employment in Freight Air Transport Sector in Germany

The employment in the freight air transport sector in Germany has demonstrated fluctuations over the past decade, with notable variations over different periods. In 2013, employment was at 5.53 thousand FTEs, gradually increasing to 6.33 thousand FTEs by 2017. This period saw both growth and decline, with 2018 seeing a significant drop to 5.38 thousand FTEs. The employment numbers hovered around 5.35 to 5.61 thousand FTEs from 2019 through 2022, standing at 5.55 thousand FTEs in 2023.

Year-on-year variations oscillated between growth and decline, with notable changes like a 6.05% increase in 2017 and a 14.92% decrease in 2018. The last two years reported minimal year-on-year variation of 0.036% in both 2022 and 2023. Over the last five years, the average annual growth rate (CAGR) was 0.6%.

Looking ahead, employment in this sector is forecasted to remain stable at 5.55 thousand FTEs through 2028, with a forecasted 5-year CAGR of just 0.03%. This suggests a plateau in employment numbers with a marginal long-term growth rate of 0.13%.

Future trends to watch for include potential technological advancements, shifts in global trade patterns, regulatory changes, and economic factors that could impact the freight air transport sector and its employment landscape. Additionally, sustainability trends may influence hiring practices and technological investments in the sector.

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