In 2023, the poultry meat processing labour cost per employee FTE in the UK was €30,000. In the forecast period from 2024 to 2028, this cost is projected to show a slight decline, from €30,000 in 2024 and 2025 to €29,800 in 2028. The year-on-year variation indicates a minor decrease, which suggests some stabilization with minimal cost reduction efforts. The compound annual growth rate (CAGR) over this period reflects a modest downward adjustment. This gentle decline might imply increased efficiencies or perhaps pressures on labour costs within the industry.
Future trends to watch for include the impact of technological advancements and automation in processing, which could lead to further reductions in labour costs. Additionally, changes in regulations or skills requirements could influence these forecasts.