The agriculture and livestock related service activities output in the Netherlands have shown a dynamic trajectory from 2013 to 2023. The output stood at 40.81 Billion Euros in 2023, reflecting various trends over the decade. Key observations include a decline from 2014 to 2016, a marked rebound in 2017, and continued growth up to 2023, with a notable spike in 2022 by 17.2%. Over the last two years, the output increased by 20.25%. The Compound Annual Growth Rate (CAGR) over the last five years stood at 5.55%, indicating robust growth.
Future trends to watch for include:
- Continued growth as forecasted up to 2028 with a five-year CAGR of 1.8%.
- Factors such as technological advancements, climate policies, and shifts in global market demands that could influence the agriculture and livestock output significantly.