The forecast for the self-employed people in the agricultural products and livestock sector in Spain shows a downward trend from 2024 to 2028. The estimated figures, presented in million hours, indicate a consistent annual decline. Specifically, the values are projected to decrease from 526.09 million hours in 2024 to 468.87 million hours by 2028. This reflects a negative CAGR over the five-year period.
Key Variations:- The year-on-year decline from 2024 to 2025 is approximately 2.9%.- The decrease from 2025 to 2026 is around 2.9%.- From 2026 to 2027, the reduction continues at about 2.8%.- Finally, 2027 to 2028 sees a drop of roughly 2.8% as well.
Future trends to watch for:- Automation and technological advancements that could impact labor demand in the sector.- Policy changes in agricultural subsidies and support.- Market shifts in agricultural products and global demand fluctuations.
