In 2023, the number of persons employed in petroleum and natural gas extraction support activities in Italy stood at approximately 1.51 thousand. From 2024 to 2028, the forecasted employment figures show a gradual decline from 1.49 thousand in 2024 to 1.42 thousand in 2028. This decline reflects a consistent year-on-year decrease, with the employment decreasing by 1.34% on average per year over this five-year period (CAGR).
Future trends to watch for include:
- Impact of increasing emphasis on renewable energy sources, which may further reduce demand for traditional petroleum and natural gas extraction services.
- Technological advancements in extraction methods and their potential to improve efficiency, possibly affecting employment needs.
- Policy changes regarding environmental regulations that may influence industry dynamics and employment figures.
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