The forecasted metal manufacturing turnover in the Netherlands shows a gradual decline from 2024 to 2028, starting at 1.79 billion Euros in 2024 and decreasing to 1.74 billion Euros in 2028. The base year, 2023, recorded a turnover of X billion Euros, from which we observe a consistent downward trend year-on-year.
Year-on-Year variations:
- From 2024 to 2025: -0.56%
- From 2025 to 2026: -0.56%
- From 2026 to 2027: -1.13%
- From 2027 to 2028: -0.57%
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is -0.71%, indicating a slight but steady decline in turnover over these years.
Future trends to watch for:
- Potential shifts in demand due to emerging technologies and materials.
- Global economic conditions, which could impact export markets.
- Environmental regulations and sustainability initiatives that may affect production costs and processes.
- Technological advancements in manufacturing that could drive efficiency improvements or cost savings.
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