Forecast: Employment in Agrochemicals and Pesticide Sector in Belgium

The employment in the agrochemicals and pesticide sector in Belgium exhibited a generally stable trajectory with some fluctuations between 2013 and 2023. In 2023, the employment stood at 1.19 thousand Full-Time Equivalents (FTEs). The sector saw year-on-year variations ranging from a growth of 11.66% in 2020 to a decline of 6.83% in 2021. The Compound Annual Growth Rate (CAGR) showed a modest average increase of 0.69% over the last five years.

From 2024, employment in this sector is forecasted to grow slightly, culminating in a stabilized figure of 1.2 thousand FTEs by 2028, with a 5-year forecasted CAGR of 0.15% and a total growth rate of 0.75% over these years.

Future trends to watch for include the potential impacts of regulatory changes on agrochemical usage, advancements in sustainable agriculture practices, and technological innovations aimed at increasing agricultural productivity with lower environmental impacts. These factors could influence both the employment landscape and the operational dynamics within the sector.