The forecast for Tea and Coffee Processing Labour Cost per Employee FTE in the UK indicates a gradual decline starting from 2024, with costs decreasing from 52.8 to 51.2 thousand Euros by 2028. In 2023, this value stood at an actual measurement slightly higher than in 2024, reflecting a consistent downward trend thereafter. The year-on-year variation reveals a declining pattern starting at approximately -0.76% from 2024 onwards. The five-year compound annual growth rate (CAGR) also highlights a diminishing trend.
Future trends to watch for include potential impacts from automation and efficiency improvements in processing plants, alongside possible wage policy changes driven by economic conditions and inflation rates, which could stabilize or even reverse the current downward trajectory.
