The dairy products production value in the Netherlands has shown a steady upward trend from 2013 to 2023, increasing from 10.36 billion Euros to 15.53 billion Euros, marking a consistent growth despite minor fluctuations. Variations in year-on-year growth rates highlight some volatility, particularly the sharp increase in 2017 (22.27%) and a slight decline in 2018 (-4.86%). From 2019 onwards, growth stabilized with year-on-year increases ranging from 1.47% to 6.45%. Between 2022 and 2023, the production value saw moderate growth, rising by 3.29%.
Looking forward, the forecast data from 2024 to 2028 indicates a continued upward trajectory in the dairy production value, with a forecasted average annual growth rate (CAGR) of 2.28%, resulting in a total growth rate of 11.91% over the next five years. By 2028, the production value is expected to reach 17.93 billion Euros.
Future trends to watch for include potential impacts of climate change on dairy farming, technological advancements in production processes, and changing consumer preferences towards sustainable and alternative dairy products. Regulatory changes and trade policies within the EU and internationally will also significantly influence the market dynamics.