Forecast: Sold Production of Motor Vehicle Parts and Accessories in the Netherlands

The sold production of motor vehicle parts and accessories in the Netherlands has exhibited significant fluctuations over the past decade. From 2013 to 2014, there was a sharp increase of 6.6%. This was followed by a moderate decline in 2015 and a small increase in 2016. A notable drop of 14.85% occurred in 2017, succeeded by a minor uptick in 2018. The most significant downturn was observed in 2019 with a 26.66% decrease, which was counterbalanced by a strong recovery in 2020 with a 44.78% rise.

In more recent years, the market showed moderate variations: a modest rise of 5.89% in 2021, a decline of 9.54% in 2022, and a marginal growth of 0.21% in 2023, placing the value at €830.74 million in 2023. The five-year Compound Annual Growth Rate (CAGR) also reflects this moderate trend with a 0.38% increase.

Looking ahead, from 2024 to 2028, the forecast suggests a stable growth pattern with slight annual increases, leading to a five-year CAGR of 0.16% and an overall growth rate of 0.79% by 2028.

Future trends to watch for include advancements in electric vehicle technology, shifts in global supply chains, and changes in regulatory policies within the automotive industry. These factors could significantly impact production volumes and market dynamics in the coming years.