Forecast: Employment in Manufacture of Clay Building Materials Sector in Belgium

The employment in the manufacture of clay building materials sector in Belgium has displayed variable yet generally growth-positive trends over recent years. Starting from 1.45 thousand FTEs in 2013, it experienced notable year-on-year fluctuations, completing 2023 with a value of 2.17 thousand FTEs, reflecting a CAGR of approximately 5.82% over the last five years. Noteworthy variations include a significant increase of 14.72% in 2019 and a stable growth of around 8.89% and 3.76% in 2021 and 2022, respectively. Future forecasts predict a continued rise, culminating at 2.53 thousand FTEs by 2028, with a modest forecasted average annual growth rate of 2.43% over the next five years.

Future trends to watch for:

• Potential impacts of technological advancements and automation on employment numbers.
• Government policies and environmental regulations affecting the building materials sector.
• Market demand fluctuations due to economic conditions influencing construction activities.
• Emerging sustainable building practices and potential shifts towards alternative materials.