From 2013 to 2018, employment in the seafood processing sector in Germany displayed fluctuating trends, reaching a peak in 2018 with 7.42 thousand full-time equivalent jobs. Subsequent years saw a decline, with a notable stabilization around 7 thousand until 2023.
By 2023, employment stood at 6.63 thousand, a year-on-year decrease of 1.52%, and the past five-year CAGR is -2.24%, indicating a generally downward trend. Future forecasts predict a continued steady decline through 2028, with an average annual decrease of 1.23% and a total forecasted decline of 5.99% over five years.
Future trends to watch for include:
- Impacts of automation and technological advancements on employment.
- Potential shifts in labor market dynamics due to regulatory changes and economic factors.
- Adaptation and potential growth opportunities in response to consumer demand shifts and sustainability initiatives.