The plastics production value in the Netherlands experienced substantial volatility from 2013 to 2023, with significant peaks in 2016 and 2018, where we saw production values surpass 11 and nearly 14 billion euros, respectively. Notably, 2020 was marked by a dramatic decline, linked likely to global disruptions. Recovery was seen in 2021 and continued until 2023, standing at 12.43 billion euros. From 2024 onwards, forecasts indicate a steady increase with an average annual growth rate of approximately 1.71%, aiming toward 13.84 billion euros in 2028. This suggests moderate but consistent growth in the near future.
Future trends to watch for include:
- The impact of sustainability initiatives on plastics demand and production.
- Technological advancements in recycling and bioplastics sectors.
- Economic factors such as inflation and supply chain disruptions.
- Regulatory changes affecting the plastics industry at the European Union level.