Forecast: People Employed in Fishery Processing Sector (Marine and Inland) in Austria

The number of people employed in the fishery processing sector (marine and inland) in Austria demonstrated stability from 2013 to 2014, followed by a noticeable increase in 2016. This higher employment level persisted until 2022. However, 2023 saw a significant decrease by 6.67%, marking the beginning of a forecasted downward trend, with employment projected to reach 130 persons by 2028.

Key trends:

  • Consistent employment level: 2013-2014
  • Increase: 2016 and stable until 2022
  • Decrease: 2023 by 6.67%
  • Forecasted decline: 2024-2028 with a CAGR of -1.47% and a total decrease of 7.14%

Future trends to watch for:

  • Technological advancements potentially leading to reduced workforce requirements.
  • Environmental regulations affecting fishery practices and employment.
  • Market demand shifts impacting the sector negatively.

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