From 2013 to 2023, the number of employees in the seafood sector in Belgium has shown a volatile trend. The employment figure in 2013 stood at 300 persons, which increased by 33.33% to 400 persons in 2014 and remained constant until 2017. In 2018, the sector saw a sharp decline back to 300 persons, and this figure has remained stable through 2023.
Key year-on-year changes include:
- 2013: -25%
- 2014: +33.33%
- 2018: -25%
The compound annual growth rate (CAGR) from 2013 to 2018 was -5.59%, while from 2019 to 2023, the CAGR was stable at 0%.
The forecasted data for 2024 to 2028 predicts no growth, indicating a stable workforce of 300 employees, with a forecasted 5-year CAGR at 0% and no overall growth in employment figures.
Future trends to watch for include:
- Technological advancements potentially affecting job numbers through automation
- Environmental regulation changes impacting the seafood industry
- Market demand shifts for seafood products
