Historical data from 2013 to 2023 reveals a generally increasing trend in metal consumption in the Netherlands, despite fluctuations. Significant growth occurred in 2015, 2017, and 2018. However, a notable drop in 2020 was followed by a strong rebound in 2021 and consistent growth up to 2023 where consumption stood at 9.3 units.
Year-on-year percentage changes recently show a 14.96% growth in 2023 after a 25.82% increase in 2022. The compound annual growth rate (CAGR) over the last five years till 2023 stands at 0.97%.
Forecasted data from 2024 to 2028 implies a steady increase in consumption, with a forecasted CAGR of 1.15% and an overall growth rate of 5.88% over the next five years.
Future trends to watch for:
- Potential market fluctuations due to economic conditions or policy changes impacting metal demand.
- Technological advancements in recycling and materials engineering could affect overall consumption patterns.
- Global supply chain disruptions and geopolitical events influencing metal imports and availability.
- Emerging sustainability trends and green initiatives aiming to reduce raw metal consumption through alternative solutions.
