The forecast for wages and salaries within the Coke and Refined Products sector in Germany indicates a steady increase from 2024 to 2028, starting at 2.26 billion Euros in 2024 and reaching 2.51 billion Euros by 2028. Given the absence of 2023 data in this analysis, it is important to consider a base for accurate comparison. Year-on-year growth reflects a consistent rise, demonstrating stability in this sector. Calculating the Compound Annual Growth Rate (CAGR) shows an average annual increase over the five-year period, highlighting a resilient wage growth trend.

Future trends to watch for:

Impact of global economic conditions on wage inflation.
Technological advancements and automation potentially influencing labor demand.
Environmental policies affecting industry operations and employment in the sector.