Sustained growth manufacturing output

According to Statistics Netherlands (CBS), the average daily output generated by Dutch manufacturing industry in February 2016 was 1.7 percent up from the same month last year. This is mainly due to considerable production growth in the transport equipment and electrical appliances industries. Adjusted for seasonal variation, Dutch manufacturing output reached the highest level in four years.

Average daily output manufacturing (volume)
Average daily output manufacturing (volume)
 change
2012 M1.9
2012 A-0.4
2012 M-0.8
2012 J0
2012 J-2.2
2012 A0.3
2012 S-1.7
2012 O-2.1
2012 N0.3
2012 D0.1
2013 J-3.4
2013 F-2
2013 M-4.8
2013 A-1.6
2013 M-1.7
2013 J-1.4
2013 J-0.7
2013 A-1.8
2013 S-0.6
2013 O1.8
2013 N0.8
2013 D2.4
2014 J2.6
2014 F6.7
2014 M1.9
2014 A3.5
2014 M0.5
2014 J-1.2
2014 J2.5
2014 A0
2014 S0.7
2014 O-0.2
2014 N-0.3
2014 D-3
2015 J0.1
2015 F-0.5
2015 M1.6
2015 A0.6
2015 M2.2
2015 J4.4
2015 J0.6
2015 A-0.6
2015 S0.8
2015 O2.8
2015 N2.5
2015 D2.1
2016 J2.7
2016 F1.7
 

Considerable production growth in transport equipment and electrical appliances industries

Output generated by the transport equipment industry (cars, buses, lorries) grew by 13 percent. The electrical appliances industry realised over 10 percent production growth in February relative to February 2015. Output growth in the food sector and the rubber and plastic industry was also above average, but the production of chemical and metal products was below average. Output generated by the pharmaceutical and machinery industries was also lower compared to February 2015.

Average daily output by sector
Average daily output by sector
 % change
Transport equipment13
Electrotechnical products10.1
Food products2.6
Rubber and plastic products2.3
Chemical products1.1
Metal products0.8
Pharmaceutical products-5.6
Machinery-6.5
Manufacturing (total)1.7


Altogether, the branches referred to in the above graph account for approximately 70 percent of total manufacturing output.

Manufacturing output at highest level in four years

Figures adjusted for seasonal variation and calendar effects provide a more reliable picture of short-term output developments. From January 2016 to February 2016 manufacturing output remained almost unchanged. Adjusted for seasonal variation, manufacturing output reached the highest level in four years, but since mid-2014, the trend has been upward.

Seasonally adjusted average daily output manufacturing
Seasonally adjusted average daily output manufacturing
 index
2012 F101.7
2012 M106.2
2012 A102.3
2012 M102.1
2012 J102.8
2012 J101
2012 A102.8
2012 S101.6
2012 O100.3
2012 N102.5
2012 D103.5
2013 J100.5
2013 F100
2013 M100.8
2013 A100.9
2013 M100.2
2013 J101.4
2013 J100.6
2013 A101.2
2013 S101.5
2013 O102.2
2013 N102.9
2013 D105.3
2014 J103.4
2014 F104.7
2014 M101.6
2014 A104.1
2014 M101.6
2014 J100.2
2014 J103.2
2014 A102.5
2014 S101.8
2014 O102.2
2014 N102.8
2014 D102.7
2015 J103.6
2015 F104.1
2015 M102.5
2015 A104.7
2015 M103.9
2015 J104.7
2015 J103.9
2015 A102.4
2015 S103
2015 O104.4
2015 N105.4
2015 D105.7
2015 J106.1
2015 F106.1

Growing confidence Dutch manufacturers in March

A few weeks ago, CBS reported that confidence among Dutch manufacturers had increased in March. The producer confidence indicator rose from 3.1 in February to 3.9 in March. Confidence among manufacturers is well above its long-term average over the past two decades. Since October 2014, optimism has prevailed among Dutch manufacturers.
The mood among German manufacturers also improved in March compared to February. The average daily output generated by German manufacturing industry was more than 1 percent higher in February 2016 than in the same month last year. Germany is an important foreign market for Dutch manufacturing industry.

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