In 2023, the basic chemicals sector in Spain had 17.9 thousand employees, maintaining a gradual upward trend since 2013. Over the last two years, employee numbers have risen by an average of 1.24% per annum. The compound annual growth rate (CAGR) over the past five years is 1.56%. Looking forward, from 2024 to 2028, the sector's employment is expected to continue increasing, with a forecasted 5-year CAGR of 0.9% and an aggregate growth rate of 4.58%.
Future trends to monitor include technological advancements in chemical production, potential economic impacts on employment, and regulatory changes affecting labor market dynamics in the sector. Keeping an eye on these factors will be crucial for anticipating and responding to shifts in employment trends.
