Forecast: Employment in Refined Petroleum Products and Coke Sector in Spain

Employment in the Refined Petroleum Products and Coke sector in Spain has shown notable fluctuations from 2013 to 2023. The sector saw an initial decline followed by moderate recoveries and continued slight decreases. The employment stood at 13.05 million hours in 2023.

The year-on-year variation over the last two years exhibits a decreasing trend:

  • 2022: -1.18%
  • 2023: -1.02%

The compound annual growth rate (CAGR) for the last five years is at -1.06%, indicating a gradual reduction in employment.

Future trends to watch for include the impact of sustainability initiatives and technological advancements in refining processes, which may further influence employment dynamics in this sector.

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