Between 2014 and 2023, maize processing in the Netherlands experienced fluctuating trends. Starting at 285.0 thousand metric tons in 2014, the value showed significant declines in 2015 and 2016. However, from 2017 onward, the sector witnessed a steady recovery with some minor dips, reaching 328.0 thousand metric tons in 2023. Notably, in 2023, maize processing increased by 1.23% compared to the previous year. The compound annual growth rate (CAGR) over the last five years up to 2023 stood at a moderate -0.24%. From 2024 onwards, forecasts predict continued growth, with a projected CAGR of 0.77% leading up to 2028.
Future trends to watch for include:
- Technological advancements in maize processing
- Potential effects of environmental policies on agriculture
- Global market dynamics and their impact on maize imports and exports
- Shifts in domestic demand and consumption patterns
