Forecast: Agricultural Output Production in the Netherlands

The agricultural output production in the Netherlands has shown a fluctuating trend between 2013 and 2023. The period witnessed a notable increase from €28.41 billion in 2013 to €36.51 billion in 2023, with a strong aggregate growth particularly post-2019. The year-on-year variation hit a peak at 17.85% in 2022, followed by a significant cooldown to 1.19% in 2023. The average annual growth rate (CAGR) over the last five years stood at 5.33%, indicating robust performance despite yearly variations.

Future projections suggest continued growth, with agricultural output expected to rise steadily, reaching €38.72 billion by 2028. The forecasted CAGR for the next five years is a moderate 0.93%, indicating stable albeit slower growth compared to the previous trend.

Future trends to watch for include:

  • The impact of technological advancements in farming techniques and sustainable practices.
  • Fluctuations in global agricultural commodity prices.
  • Changes in EU agricultural policies and subsidies.
  • Climate change and its effects on crop yield and production cycles.

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