The employment in the ceramic tiles and flags sector in Belgium has seen various fluctuations over the past years. Between 2013 and 2014, there was significant growth of 76%, followed by a notable decline of 20.45% in 2015. The trend remained volatile throughout the years, showing both positive and negative variations. Specifically, the years 2017 and 2018 saw strong growth with year-on-year increases of 29.03% and 22.5%, respectively. The period from 2019 to 2023 was marked by minor fluctuations, averaging a modest 2.22% increase in 2023 which stands at 46 employees. The 5-year CAGR leading up to 2023 is -1.26%.
Looking forward, the forecast indicates a stable rise in employment with an expected CAGR of 1.65% from 2024 to 2028, leading to an 8.51% growth rate over these five years. By 2028, the sector is projected to employ 51 people.
Future trends to watch for include advancements in manufacturing technology, increased demand for sustainable building materials, and potential economic impacts from global market fluctuations. Monitoring these factors will be pivotal in understanding future employment fluctuations in this sector.