The employment in Italy's Cocoa, Chocolate, and Sugar Confectionery Sector has experienced notable fluctuations over the past decade. From 2013 to 2023, the sector saw variance, initially declining, then recovering somewhat, before a general downward trend toward the forecasted 2028 employment levels.
In 2023, the employment figure for the sector stood at 14.83 thousand Full-Time Equivalents (FTEs), reflecting a -0.6% year-on-year decrease from 2022. Over the last two years, 2022 to 2023, the sector observed slight declines of -0.59% and -0.6%, respectively. The CAGR over the past five years was -1.14%, indicating a gradual but consistent reduction in employment.
Future trends to watch for:
- Technological advancements and automation potentially reducing labor needs.
- Economic factors influencing consumer demand for confectionery products.
- Regulatory changes affecting production and employment.
