The agricultural services production in the Netherlands has shown a steady growth over the years. In 2023, the production stood at 3.22 billion Euros. From 2013 to 2023, the year-on-year variation and CAGR reflect a general trend of increasing production, especially notable with higher growth rates in recent years: 4.69% in 2021, 5.7% in 2022, and 3.4% in 2023. Over the last 5 years, the average annual growth rate (CAGR) was 3.63%, indicating a robust upward trajectory.
Looking ahead, the forecast suggests continued growth, with the agricultural services production expected to reach 3.65 billion Euros by 2028. The projected average annual growth rate over the next 5 years is 1.9%, translating to an overall growth rate of 9.89% from 2023 to 2028.
Future trends to watch for include:
- Technological advancements and their impact on efficiency and output.
- Government policies related to agriculture and environmental sustainability.
- Market demand shifts due to changing consumer preferences and global economic conditions.