Manufacturing output 4 percent down in March

More recent figures are available on this topic. View the latest figures here.
© CBS
In March 2023, the average daily output of the Dutch manufacturing industry was 4.0 percent lower than in March 2022, according to Statistics Netherlands (CBS). Output also contracted year on year in the two previous months of 2023.

Average daily output manufacturing (volume)
 maandchange (year-on-year % change)
2019April-0.3
2019May-0.9
2019June-2.5
2019July0
2019August-1.7
2019September1.2
2019Oktober0.5
2019November-1.6
2019December-1.2
2020January1.7
2020February-0.5
2020March-1.4
2020April-10.5
2020May-11.7
2020June-9.1
2020July-4.3
2020August-3.4
2020September-5.8
2020October-3.5
2020November-2.3
2020December0.5
2021January1.1
2021February-1.9
2021March3
2021April12.9
2021May16.1
2021June17.6
2021July13.1
2021August8.6
2021September11.1
2021October9.6
2021November10.6
2021December12.9
2022January7.4
2022February10.9
2022March7.9
2022April13.6
2022May10
2022June5.6
2022July5.6
2022August5.9
2022September5.4
2022October3.7
2022November0.4
2022December0.5
2023January-2.6
2023February-2.3
2023March-4

Growth in approximately half of industries

Although the output of total manufacturing shrank, approximately half of the manufacturing industries saw their output increase in March year on year. Among the larger industries, the transport equipment industry recorded the sharpest increase, just as in the previous month. As in the previous months, the chemical industry saw the largest contraction.

Average daily output manufacturing (volume) by sector, March 2023
Categorychange (year-on-year % change)
Transport equipment12.9
Repair and installation of machinery8.7
Food products2.6
Electrical and electronics1.5
Machinery-6.4
Metal products-6.6
Rubber and plastic products-9.5
Chemical-17.6
Manufacturing (total)-4
Altogether, the industries referred to in the above graph account for approximately 75 percent of the total manufacturing output

Output fell in March

A more accurate picture of short-term output developments is obtained when figures are adjusted for seasonal effects and the working-day pattern. After adjustments, manufacturing output fell by 2.0 percent between February and March.

Adjusted for seasonal and working-day effects, manufacturing output is seen to fluctuate significantly. In the spring of 2020, output declined rapidly and a low point was reached in May 2020. After that, output picked up again, until May 2022. The trend has reversed since then.

Seasonally adjusted average daily output manufacturing (volume)
yearmonthindex (2015=100)
2019April108.9
2019May108.5
2019June107.3
2019July107.5
2019August107.8
2019September109.5
2019October109.7
2019November108.4
2019December106.5
2020January109
2020February108.4
2020March106
2020April97.4
2020May96.5
2020June99.4
2020July103.4
2020August104
2020September104.2
2020October106.2
2020November106.3
2020December107.1
2021January110.9
2021February106.8
2021March110
2021April110.3
2021May112.1
2021June115
2021July116.2
2021August113.6
2021September115.2
2021October116.6
2021November117.6
2021December120
2022January119.4
2022February119.5
2022March118.6
2022April124.6
2022May123
2022June121.2
2022July122.5
2022August120.4
2022September121
2022October120.6
2022November118.6
2022December119.8
2023January116.4
2023February116.6
2023March114.3

Manufacturers less positive in April

Producer confidence among Dutch manufacturers was down in April 2023. This was largely because manufacturers were less positive about their order positions and future output.

Germany is an important market for the Dutch manufacturing industry. In April, German entrepreneurs showed slightly improved confidence on balance, according to the Business Climate Index of the IFO Institute. They were less negative about their future business situation, but also less positive about their current situation. The average daily output generated by the German manufacturing industry was up by 3.6 percent year on year in March, as reported by Destatis.