The employment in the Refined Petroleum Products sector in Switzerland is projected to decline from 473 full-time equivalents (FTEs) in 2024 to 369 FTEs by 2028. This decline follows a steady downward trend observed in the years preceding 2024. The year-on-year variation shows a consistent reduction in employment: a drop of approximately 5.5% from 2024 to 2025, 6.0% from 2025 to 2026, 6.0% from 2026 to 2027, and 6.6% from 2027 to 2028.
The average variation per year, or CAGR, over the five-year period is approximately -5.6%. This emphasizes a consistent annual decrease in employment within the sector.
Future trends to watch for include advancements in renewable energy technologies, regulatory changes promoting environmental sustainability, and shifts in global oil prices. These factors could further influence employment dynamics in the refined petroleum industry, potentially accelerating the decline or prompting adaptations in the sector's workforce. Additionally, investments in automation and digital transformation could also play a significant role in shaping employment trends.
