Forecast: Employment in Seafood Processing Sector in Sweden

The Swedish seafood processing sector saw fluctuating employment from 2014 to 2023, starting at 1.87K and falling to 1.63K FTEs by 2023. Year-on-year variations show significant declines in 2015 (-11.46%) and 2020 (-15.46%) contrasted with growths like 2019's 6.22% increase. Over the last two years, employment trended upward, with a CAGR of -0.32% from 2019 to 2023.

From 2024 onwards, forecasts predict a gradual decline, dropping from 1.62K FTEs to 1.57K FTEs by 2028, with an annual CAGR of -0.64% and a total decrease of 3.15% over the next five years.

Future trends to watch for:

  • Technological advancements and automation in seafood processing.
  • Potential impacts of climate change on fish stock availability.
  • Regulatory changes influencing labor demand and employment practices.
  • Global and local market demand variations affecting production levels.

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