In 2023, the total hours worked in the Coke and Refined Petroleum Products sector in Germany were stable at 31 million hours. Forecasted figures for 2024 and 2025 also remain constant at 31 million hours, indicating a stable but stagnant labor demand trend. A slight increase to 32 million hours is expected in 2026, remaining steady through 2028. Year-on-year variation shows stability from 2023 to 2025 and a modest 3.2% increase in 2026, which persists in 2027 and 2028.
Future Trends to Watch:
- Technological advancements in production efficiency and automation may influence labor hours significantly.
- Energy policy changes and environmental regulations might affect long-term labor demand in the sector.
- Global economic conditions, including shifts in oil prices, could impact sector dynamics and hours worked.
