The value added of agricultural products and livestock in the Netherlands has shown an overall upward trend from 2013 to 2023, climbing from 10.86 billion euros in 2013 to 13.46 billion euros in 2023. Despite some fluctuations, particularly in 2014 and 2018 where there were year-on-year decreases of -1.97% and -7.01% respectively, the market has generally grown. Over the last two years, value-added saw modest growth rates of 1.28% in 2022 and 1.25% in 2023. The Compound Annual Growth Rate (CAGR) over the past five years leading to 2023 was 1.86%, indicating stable growth in recent years.
Looking ahead, forecasted data suggest continued growth, albeit at a slightly slower pace with a forecasted 5-year CAGR of 0.89% and a total growth rate of 4.51% leading up to 2028. Key factors that could influence this trend include changes in agricultural technology, government policies, and global market demand. Industry stakeholders should watch for shifts in consumer preferences towards sustainable and organic products, advancements in agricultural innovations, and potential impacts from climate change on crop yields and livestock productivity.
Future trends to watch for include:
- Sustainability and organic farming practices increasing in popularity.
- Technological advancements like precision agriculture and automation improving efficiency.
- Potential regulatory changes aimed at tackling climate change and environmental impacts.
- Global market demand fluctuations impacting export values.