The industrial machinery value added in the Netherlands has experienced various fluctuations over the past decade. The value increased from 28.76 in 2013 to 35.04 in 2023. Key variations include a notable increase from 2013 to 2014 (6.49%), followed by declines in 2015 and 2016. A resurgence occurred from 2017 to 2020 with significant year-on-year increases. The period from 2021 to 2023 showed moderate growth of around 0.73% annually. The 5-year CAGR from 2019 to 2023 is 2.38%, showcasing a steady recovery post-2020.
Future forecasts (2024-2028) predict a growth rate of 2.82% with a CAGR of 0.56%. This indicates a gradual upward trend in industrial machinery value added.
Future trends to watch for include advancements in automation, the integration of Industry 4.0 technologies, and potential impacts of global economic conditions and trade policies on the sector.
