The turnover in the pipeline transportation sector in the Netherlands has exhibited a significant downward trend over the years. Starting at €435.9 million in 2013, the value rose to €480.5 million in 2014, only to plummet dramatically to €259.5 million in 2015, reflecting a drastic shift. From 2016 onwards, the turnover continued to decline steadily, with minor fluctuations such as a slight recovery in 2021 with a 3.85% increase. By 2023, the sector saw a value of €120.8 million, marking a 10.91% decline from the previous year and resulting in an overall 8.88% annual decline on average over the past five years.
Looking ahead, forecasts indicate that this downward trajectory will persist with an anticipated turnover of only €42.89 million by 2028. The five-year compound annual growth rate (CAGR) is projected to be -16.23%, pointing to a significant contraction of 58.75% over this period.
Future trends to watch include potential regulatory changes, technological advancements, and shifts in energy demand that may either exacerbate or mitigate these declines. The transition towards renewable energy and reduced reliance on fossil fuels could further impact the pipeline transportation sector.
