The employment in the UK agrochemicals and pesticide sector has shown significant fluctuations over the past decade. In 2023, the employment stood at approximately 2.06 thousand FTE. Over the last two years, the employment figures dropped by roughly 1.25% year-on-year. The five-year historical Compound Annual Growth Rate (CAGR) for 2023 was -2.53%. Forecast data suggests that employment will continue to decline, with a forecasted five-year CAGR of -1.09%, leading to a total decrease of about 5.31% by 2028.
Moving forward, key trends to watch for include the impact of regulatory changes, advancements in agricultural technology, and shifts towards sustainable farming practices. Additionally, market consolidation and Brexit-related adjustments could also influence employment dynamics within this sector.
