The employment in the Refined Petroleum Products sector in Poland has exhibited significant growth over the past decade. From 2013 to 2017, the sector saw moderate increases in employment, followed by an extraordinary surge in 2018. This rapid growth continued through to 2023, where employment stood at 22.98 thousand Full-Time Equivalents (FTEs), marking a significant increase from previous years.
Year-on-year variations over the past two years have been consistent, with 2022 showing an increase of 5.41% and 2023 a further rise of 5.08%. The Compound Annual Growth Rate (CAGR) over the last five years was 5.13%, reflecting sustained growth. Looking ahead, the forecasted CAGR from 2024 to 2028 is 3.33%, amounting to an overall growth rate of 17.81% over this period.
The sector is expected to continue expanding, but at a slightly slower pace compared to recent years. Key future trends to watch include technological advancements in refining processes, changes in global oil prices, and shifts in governmental policies impacting the industry. Further, the transition towards sustainable and renewable energy sources could play a pivotal role in shaping employment trends in the long term.
