The UK Coke and Refined Petroleum Products Manufacturing Sector is experiencing a gradual decline in employment from 2024 to 2028, with a decrease from 8.28 thousand employees in 2024 to 7.98 thousand in 2028, reflecting a compounded annual growth rate (CAGR) of approximately -0.73%. In 2023, employment stood at 8.35 thousand, indicating a consistent downward trend in this sector over recent years. The year-on-year percentage decreases are moderate but steady, signaling ongoing challenges for labor stability.
Future trends to watch for include:
- Impact of automation and technological advancements on employment.
- Regulatory shifts due to environmental policies affecting production methods.
- Global market demands and its influence on domestic manufacturing output.
