Manufacturing output almost 13 percent up in April

In April 2021, the average daily output generated by the Dutch manufacturing industry was 12.7 percent up on April 2020, according to Statistics Netherlands (CBS). In the previous month, output was up by 3.3 percent. Output has been back to pre-coronavirus levels for a few months now. Compared to April 2019, growth in April amounted to 1 percent.

Average daily output manufacturing (volume)
jaarmaandchange (year-on-year % change)
2017May5
2017June2.4
2017July2.7
2017August3.7
2017September4.8
2017October5.1
2017November5.3
2017December4.4
2018January7.5
2018February3.2
2018March3.8
2018April4.7
2018May2.9
2018June3.3
2018July0.9
2018August4
2018September1.7
2018October2.4
2018November1.3
2018December-4.3
2019January-0.6
2019February-0.1
2019March-0.8
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-2
2021March3.3
2021April12.7

Output growth in almost all industries

In April, almost all industries saw their output increase on an annual basis. The transport equipment industry achieved the highest growth. This is partly because a number of companies in this sector closed their factories in April last year.

Average daily output manufacturing (volume) by sector, April 2021
Categorychange (year-on-year % change)
Transport equipment67.5
Electrical and electronics24
Rubber and plastic products20.6
Machinery16.7
Metal products9.6
Chemical products4.8
Food products1.6
Repair and installation of machinery-8.2
Manufacturing (total)12.7
Altogether, the industries referred to in the above graph account for approximately 75 percent of the total manufacturing output

Manufacturing output back to pre-coronavirus levels

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, an increase of 0.2 percent is seen in manufacturing output between March and April 2021.

Adjusted for seasonal and working-day effects, manufacturing output is seen to fluctuate significantly. From mid-2014 until the beginning of 2018, the overall trend was upward. Subsequently, the trend has been downward. A low point was reached in May 2020. After that, output picked up again.

Seasonally adjusted average daily output manufacturing (volume)
jaarmaandindex (2015=100)
2017May106.6
2017June106.1
2017July106.1
2017August105.6
2017September107.3
2017October107.7
2017November109.7
2017December110.4
2018January110.5
2018February109.4
2018March109.4
2018April109.4
2018May109.6
2018June109.3
2018July107.6
2018August109.3
2018September109.1
2018October109.6
2018November110.2
2018December107
2019January109.6
2019February109.2
2019March108.8
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
2021January109.6
2021February106.4
2021March109.4
2021April109.6

Producer confidence at highest level in three years

In May 2021, the mood among Dutch manufacturers has improved further and has reached the highest level in three years.

Germany is an important foreign market for the Dutch manufacturing industry. In May, German producer confidence has improved again according to the Business Climate Index of the IFO Institute. Companies reported improved business, but optimism declined with regard to expectations. In April, the average daily output generated by the German manufacturing industry grew by over 34 percent year-on-year, as reported by Destatis. Compared to April 2019, however, output was still more than 6 percent lower.

The figures published in this news release are provisional and subject to revisions.