The production value of concrete, cement, and plaster articles in the Netherlands has shown considerable fluctuation from 2013 to 2023. Key observations include significant growth from 2016 to 2019, where the value increased from €2.66 billion to €3.56 billion, representing a notable upward trend driven by strong demand and economic conditions. However, from 2020 onwards, growth stagnated and slightly declined, reflected in the annual variation rates from 2021 to 2023, which were almost negligibly negative (<1%). In 2023, the production stood at €3.28 billion, leading to a diminishing growth rate with a CAGR of -0.62% over the past five years.
Future forecasts indicate a continuous, albeit slight, decline in the production value, averaging a -0.1% CAGR from 2024 to 2028. By 2028, this sector is expected to be valued at €3.25 billion, marking an overall negative growth rate of -0.51% over five years.
Future trends to watch for include:
- Impacts of environmental regulations and sustainability initiatives on production methods and costs.
- Innovations in material sciences potentially driving efficiency and reducing dependency on traditional aggregates.
- The potential effects of economic cycles and construction demand fluctuations on production volumes.
- Technological advancements such as 3D printing and prefabrication potentially reshaping production dynamics.