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.