In 2023, employment in the seafood processing sector in Austria stood at 136 Full-Time Equivalents. Over the last two years, the year-on-year percentage variations were steady, with a slight increase of 0.74% from 2022 to 2023. The last 5-year CAGR indicates a minor annual decrease of -0.15%. Over a longer period since 2013, the sector has seen fluctuations, with significant changes such as a drop in 2014 and substantial growth in 2018. Forecast data from 2024 onwards suggest a modest annual growth rate, with a forecasted 5-year CAGR of 0.29% and a forecasted 5-year growth rate of 1.46%.
Future trends to watch for:
- Continued stabilization and slight growth in employment levels.
- Impact of technological advancements on labor requirements.
- Potential influence of global seafood demand and supply chain dynamics.