The number of employees in the fertilizer sector in Belgium is expected to see steady growth over the coming years. In 2023, the sector stood at 2.60 thousand employees. From 2024 to 2028, the forecasted data shows a positive trend: 2.72 thousand (2024), 2.85 thousand (2025), 2.98 thousand (2026), 3.1 thousand (2027), and 3.22 thousand (2028).
Year-on-year variations are as follows:
- 2024: +4.6%
- 2025: +4.8%
- 2026: +4.6%
- 2027: +4.0%
- 2028: +3.9%
The Compound Annual Growth Rate (CAGR) over the five-year period (2024-2028) is approximately 4.38%.
Future trends to watch for include advancements in fertilizer technologies, sustainable agricultural practices, and potential regulatory changes. Increased emphasis on eco-friendly solutions may drive further employment growth, while global market dynamics could also influence the sector's expansion.