The forecast for the Gross Value Added (GVA) per employee in the cocoa, chocolate, and sugar confectionery sector in Germany indicates steady growth from 2024 to 2028. Starting at 105.8 thousand euros in 2024, it rises to 125.6 thousand euros in 2028. This consistent upward trend implies a robust performance in the industry, signifying a notable investment in productivity and employee efficiency.
Key observations and trends:
- The year-on-year increases suggest a healthy growth trend, reflecting improvements in production efficiencies and possibly an increase in demand.
- The compound annual growth rate (CAGR) over the five-year period highlights an average annual growth rate, denoting sustained sector progression.
Future trends to watch for:
- Impact of emerging technologies and automation in enhancing productivity.
- Potential shifts in consumer preferences towards healthier or premium confectionery, impacting GVA.
- The influence of global market trends and trade policies on raw material costs and competitiveness.