The import of protein concentrates and textured protein substances to the Netherlands has seen various fluctuations over the past decade. From 2013 to 2023, there was an overall increase, reaching 32.924 million kilograms in 2023. The period between 2013 and 2023 experienced high variability, with significant growth in some years and contractions in others. Noteworthy is the substantial rise from 2016 to 2017 and relatively steady growth from 2021 to 2023, reflecting the industry’s resilience and growing demand.
Year-on-year variations indicate an overall trend of increasing imports with a few drops, characterizing a non-linear progression. The most significant growth occurred in 2016 at 57.22%, while a notable decline was seen in 2014 at -36.75%. The Compound Annual Growth Rate (CAGR) over the last five years, ending in 2023, averaged at 2.68%, suggesting moderate but consistent growth.
Looking forward, the forecasted data for 2024 to 2028 projects a gradual increase, with expected imports reaching 36.061 million kilograms by 2028. The anticipated five-year CAGR stands at a modest 1.44%, indicating a sustained upward trend albeit at a slower rate. The five-year growth rate forecast at 7.4% also highlights continued positive momentum.
Future trends to watch for:
- The potential impact of global trade policies on the import levels.
- Increased consumer demand for plant-based protein alternatives driving import volumes.
- Technological advancements in protein concentrate production affecting market dynamics.
- Sustainability trends influencing sourcing and import practices.
