In 2023, the UK employment in the coke and refined petroleum products sector was estimated at approximately 9.5 thousand persons. From 2024 to 2028, forecasts indicate a gradual decline in employment, from 9.43 to 9.17 thousand, reflecting an annual average decrease of about 0.7%. Year-on-year, the workforce is expected to decrease by approximately 0.7% to 0.8%.
Future Trends to Watch:
- Technological advancements and automation may further reduce labor demand.
- Sustainability initiatives could reshape the industry, potentially affecting employment levels.
- The evolution of energy policies and global market dynamics will be crucial determinants.