The production of air and spacecraft and related machinery in the Netherlands has shown variability over the last decade. Starting at €971 million in 2013, it saw a steady rise until 2019. A significant dip occurred in 2020 due to pandemic-related disruptions, but recovery was visible in 2021 with a strong year-on-year increase of 17.49%. In 2023, the industry's value reached €1510 million, representing a modest 2.38% growth from the previous year.
Yearly trends indicate an average annual growth rate (CAGR) of 2.38% over the past five years. Forecasts suggest a stable but slower growth rate, with a projected 1.86% CAGR through 2028, resulting in a 9.67% growth over five years.
Future trends to watch for include the impact of technological advancements, sustainability initiatives, and potential geopolitical factors influencing the aerospace sector's growth and production dynamics in the Netherlands.
