The export of articles of apparel and clothing accessories from the Netherlands has shown considerable fluctuations over recent years. Actual data up to 2023 reflects a mixed trend with periods of both growth and decline. In 2023, exports stood at USD 12.184 million. Notably, the year-on-year variations indicate a high degree of volatility: from significant drops in 2016 (-17.77%) and 2020 (-13.95%), to sizable increases in 2021 (24.67%). Over the last two years, the annual growth has moderated to 3.12% for 2023. The compounded annual growth rate (CAGR) over the last five years (2019-2023) is 4.49%.
Looking forward, forecasted data suggests a steady increase in export values, with the CAGR for 2024-2028 projected at 2.31%, and the forecasted growth rate over these five years is 12.09%, expected to reach USD 14.111 million by 2028.
Future trends to watch for:
- Impact of global economic conditions on disposable income and fashion consumption
- Shifts towards sustainable and ethical fashion
- Technological advancements in apparel production and supply chain management
- Changes in trade policies and tariffs affecting export markets
