Forecast: Employment in Sea and Coastal Freight Water Transport Sector in Finland

The employment in the Sea and Coastal Freight Water Transport Sector in Finland has experienced various fluctuations over recent years. In 2023, the sector employed approximately 2.18 thousand individuals in Full-Time Equivalent. Analyzing the period from 2014 to 2023, the employment showed an overall declining trend, with significant dips in 2015 and 2020. The YoY variation over the last two years presents a modest growth of 2.64% in 2023 and 5.99% in 2022. The CAGR over the last five years stands at -1.39%.

Future projections indicate a continuous decline in employment, with the five-year CAGR forecasted at -2.25%, leading to a total decline of approximately 10.74% by 2028. Considering these trends, stakeholders should monitor the impacts of technological advancements and global trade dynamics on employment in this sector.