The number of employees in the freight air transport sector in Belgium has experienced significant fluctuations over the past decade. The sector began with 1.17 thousand employees in 2014 and reached 1.45 thousand employees by 2023, reflecting a general upward trend with some variability.
In 2020, there was a notable increase of 14.74%, likely due to heightened demand for air freight during the pandemic. This was followed by a dip in 2021 (-7.27%), and then a more stable increase in 2022 (3.08%) and 2023 (2.84%). The compound annual growth rate (CAGR) from 2018 to 2023 was 2.58%, indicating moderate growth over the recent five-year period.
The forecast through 2028 projects a gradual increase, with the number of employees expected to reach 1.63 thousand by 2028. This implies a forecasted five-year CAGR of 1.86% and an overall growth rate of 9.63% from 2023 to 2028. The sector appears poised for steady, though not rapid, growth.
Future trends to watch for include the impact of technological advancements in air freight operations, shifts in global trade policies, and environmental regulations which could significantly affect employment patterns in this sector.
