Dutch manufacturing output falls sharply compared to other EU countries
| Land | Change (% year-on-year change) |
|---|---|
| Denmark | 11.2 |
| Malta | 6.4 |
| Sweden | 4.2 |
| Czechia | 2.9 |
| Cyprus | 2.6 |
| Greece | 2 |
| Lithuania | 1.9 |
| France | 1.5 |
| Germany | 1 |
| Slovakia | 0 |
| European Union | -0.2 |
| Croatia | -0.3 |
| Spain | -1.3 |
| Austria | -1.3 |
| Poland | -1.8 |
| Belgium | -3.2 |
| Italy | -3.3 |
| Slovenia | -3.3 |
| Hungary | -3.7 |
| Finland | -4.2 |
| Portugal | -4.3 |
| Romenia | -5.2 |
| Luxembourg | -6.5 |
| Latvia | -7.2 |
| Bulgary | -7.8 |
| Netherlands | -9.5 |
| Estonia | -14.2 |
| Source: CBS, Eurostat | |
Dutch output still exceeding pre-crisis levels despite decline
After the coronavirus dip in 2020, the Dutch manufacturing industry recovered fairly quickly and continued to grow until the second quarter of 2022. By contrast, neighbouring countries experienced a decline in several quarters. As from Q2 2022, Dutch manufacturing output dropped faster than in neighbouring countries.In contrast to the Netherlands and Belgium, Germany still manufactures less than before the coronavirus pandemic. This is mainly due to the large German transport sector, but in almost all industries German manufacturing output lags behind that of the Netherlands and Belgium.
| JJaar | Kwartaal | Europese Unie (Q1 2019=100) | België (Q1 2019=100) | Duitsland (Q1 2019=100) | Nederland (Q1 2019=100) |
|---|---|---|---|---|---|
| 2019 | Q1 | 100 | 100 | 100 | 100 |
| 2019 | Q2 | 99.6 | 103 | 99.1 | 99.1 |
| 2019 | Q3 | 99.1 | 99.8 | 98.1 | 99.2 |
| 2019 | Q4 | 98.2 | 101.5 | 96.2 | 99.1 |
| 2020 | Q1 | 95.5 | 99.8 | 94.9 | 98.7 |
| 2020 | Q2 | 79.6 | 89.9 | 77.2 | 89.6 |
| 2020 | Q3 | 93.7 | 97.6 | 88.6 | 95.1 |
| 2020 | Q4 | 98.8 | 102.7 | 94.4 | 97.5 |
| 2021 | Q1 | 100.4 | 106.7 | 94.2 | 100 |
| 2021 | Q2 | 100.4 | 117.7 | 93.5 | 103 |
| 2021 | Q3 | 100.6 | 117.6 | 90.9 | 105.3 |
| 2021 | Q4 | 102 | 114.5 | 93.2 | 108.2 |
| 2022 | Q1 | 103.3 | 115.1 | 92.8 | 108.8 |
| 2022 | Q2 | 104.1 | 112.4 | 92.3 | 113.4 |
| 2022 | Q3 | 105.3 | 112.6 | 93 | 111.4 |
| 2022 | Q4 | 105.3 | 115.1 | 93 | 109.6 |
| 2023 | Q1 | 104.6 | 112.2 | 94 | 105.9 |
| 2023 | Q2 | 103.9 | 109 | 93.4 | 102.7 |
| Source: CBS, Eurostat | |||||
Dutch manufacturers less negative than EU average
Despite the drop in output, Dutch industrial manufacturers are less negative than those in neighbouring countries and the European Union average, as calculated according to the European methodology. However, producer confidence in the Netherlands has shown a downward trend since March of this year. Producer confidence in Germany and Belgium is below the EU average.
| Jaar | Maand | European Union (average of the subquestions) | Belgium (average of the subquestions) | Germany (average of the subquestions) | Netherlands (average of the subquestions) |
|---|---|---|---|---|---|
| 2019 | January | 0.7 | -2.7 | 2.2 | 3.3 |
| 2019 | February | -0.1 | -3.5 | 0.5 | 3.6 |
| 2019 | March | -1.3 | -2.4 | -2.4 | 3.5 |
| 2019 | April | -3.4 | -7.1 | -5.4 | 3.8 |
| 2019 | May | -3.2 | -6.4 | -4.6 | 2.4 |
| 2019 | June | -5.5 | -9.1 | -8.8 | 0.1 |
| 2019 | July | -6.7 | -8.9 | -11.8 | 0.8 |
| 2019 | August | -5.9 | -11.0 | -10.8 | 1.6 |
| 2019 | September | -7.5 | -11.3 | -15.2 | 0.7 |
| 2019 | October | -7.7 | -9.3 | -14.5 | 1.2 |
| 2019 | November | -7.0 | -9.2 | -14.8 | 0.2 |
| 2019 | December | -7.3 | -10.3 | -14.8 | 0.0 |
| 2020 | January | -5.2 | -4.9 | -10.8 | 0.2 |
| 2020 | February | -4.4 | -4.6 | -10.5 | 1.1 |
| 2020 | March | -10.4 | -7.3 | -17.2 | -2.2 |
| 2020 | April | -36.4 | -31.4 | -35.8 | -31.3 |
| 2020 | May | -30.0 | -33.2 | -28.8 | -28.0 |
| 2020 | June | -21.6 | -30.1 | -22.1 | -18.2 |
| 2020 | July | -14.4 | -18.8 | -15.0 | -12.0 |
| 2020 | August | -10.9 | -14.8 | -9.8 | -8.1 |
| 2020 | September | -8.4 | -9.0 | -7.5 | -7.5 |
| 2020 | October | -6.1 | -7.3 | -3.1 | -8.1 |
| 2020 | November | -7.2 | -6.8 | -3.8 | -6.5 |
| 2020 | December | -3.6 | -3.0 | -1.1 | -2.8 |
| 2021 | January | -2.4 | -0.3 | 0.9 | -1.9 |
| 2021 | February | 0.3 | -0.6 | 6.6 | -2.4 |
| 2021 | March | 3.1 | 2.6 | 12.4 | 1.1 |
| 2021 | April | 5.8 | 5.0 | 15.0 | 4.0 |
| 2021 | May | 7.3 | 2.1 | 16.4 | 5.8 |
| 2021 | June | 9.2 | 7.5 | 19.8 | 8.3 |
| 2021 | July | 11.9 | 7.1 | 22.4 | 8.9 |
| 2021 | August | 11.7 | 4.2 | 23.1 | 6.9 |
| 2021 | September | 12.2 | 2.5 | 24.1 | 8.5 |
| 2021 | October | 12.8 | 3.8 | 21.4 | 9.7 |
| 2021 | November | 12.5 | 6.3 | 20.5 | 10.0 |
| 2021 | December | 12.8 | 5.5 | 23.3 | 7.6 |
| 2022 | January | 11.7 | 2.4 | 22.4 | 6.3 |
| 2022 | February | 12.2 | -1.1 | 22.3 | 5.9 |
| 2022 | March | 6.7 | -6.0 | 15.1 | 6.3 |
| 2022 | April | 6.0 | -1.7 | 15.4 | 7.5 |
| 2022 | May | 4.9 | -2.9 | 14.4 | 6.2 |
| 2022 | June | 5.1 | -7.6 | 15.0 | 4.8 |
| 2022 | July | 2.5 | -6.3 | 11.5 | 4.8 |
| 2022 | August | 1.3 | -10.8 | 8.2 | 2.2 |
| 2022 | September | -0.6 | -16.6 | 4.5 | 0.5 |
| 2022 | October | -1.6 | -19.6 | 3.4 | 0.1 |
| 2022 | November | -2.2 | -19.1 | 3.5 | 0.9 |
| 2022 | December | -1.7 | -14.1 | 3.0 | 1.1 |
| 2023 | January | -0.5 | -15.9 | 3.9 | 0.9 |
| 2023 | February | -1.2 | -15.4 | 2.1 | 1.1 |
| 2023 | March | -2.1 | -13.0 | -0.4 | 1.6 |
| 2023 | April | -4.0 | -15.0 | -1.6 | -0.1 |
| 2023 | May | -5.9 | -18.2 | -5.2 | -1.0 |
| 2023 | June | -7.9 | -19.6 | -8.8 | -2.0 |
| 2023 | July | -9.2 | -21.1 | -13.2 | -3.2 |
| 2023 | August | -9.3 | -20.9 | -15.6 | -4.8 |
| 2023 | September | -9.0 | -19.5 | -13.8 | -4.8 |
| Source: CBS, Eurostat | |||||
Sources
- Eurostat - Production in industry - quarterly data
- Eurostat - Eurostat producer confidence
Related items
- Survey description - Producer confidence