The number of employees in the Belgian freight rail transport sector has fluctuated significantly over the past decade. Following a steep decline from 2014 to 2015, the sector saw fluctuations, peaking notably in 2020 with a 394.44% year-on-year increase. However, subsequent years experienced declines, with a slight downturn of 0.63% in 2023, bringing the number of employees to 939 units. The average annual change over the past five years (CAGR) was modest at 0.5%.
Forecasted data suggests a gradual decline in the number of employees, with a forecasted annual decrease of 0.56% over the next five years, culminating in 906 employees by 2028. This represents an overall forecasted decrease of 2.79% over the period.
Key future trends to watch include technological advancements, automation's impact on workforce needs, and potential shifts in freight transportation policies and investments. Adapting to these changes will be crucial for maintaining stability in employment within the sector.