The fluid power equipment sector in Belgium showed significant fluctuations in wages and salaries from 2013 to 2023, reaching 20.6 million Euros in 2023. The period saw peaks in 2017 at 26.2 million Euros and dips in 2020 at 14.9 million Euros. Year-on-year variations in recent years indicated a 5.64% increase in 2023, following a 9.55% rise in 2022. The last five years averaged a -2.09% CAGR.

Future trends to watch for:

Expect a stable growth pattern with a forecasted 0.48% CAGR from 2024 to 2028.
Anticipate incremental gains, with projected wages and salaries reaching around 21.3 million Euros by 2028.
Monitor potential sector disruptions that could affect salary trends.