The employment in the refined petroleum products sector in the Netherlands showed variable trends from 2013 to 2023. There were increments and decrements over the years: significant drops in 2013 and 2020 followed by recoveries. Notably, in 2023, the employment stood at 5.21 thousand FTE, decreasing by 0.67% from 2022. The average yearly change over the past five years, indicated by the CAGR, reflected a declining trend at -0.49%.
Forecasted data from 2024 reveals continuous declines, projecting the employment to decrease to 5.04 thousand FTE by 2028 with a forecasted five-year CAGR of -0.54%. This shows a slower, yet steady descent.
Future trends to watch for include potential technological advancements, regulatory shifts aiming at sustainability, or market demand changes which could impact employment in the sector. Additionally, the global shift towards renewable energy sources might accelerate the employment decline in this sector.
