Manufacturing output almost 6 percent up in August

More recent figures are available on this topic. View the latest figures here.
© CBS / Alrik Swagerman
In August 2022, the average daily output generated by the Dutch manufacturing industry was up by 5.9 percent on August 2021, according to Statistics Netherlands (CBS). Growth has been fairly stable over the past three months, but smaller than in the preceding months.

Average daily output manufacturing (volume)
jaarmaandchange (year-on-year % change)
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-1.9
2021March3
2021April12.9
2021May16.1
2021June17.6
2021July13.1
2021August8.6
2021September11.1
2021October9.6
2021November10.6
2021December12.9
2022January7.3
2022February10.5
2022March7.6
2022April13.9
2022May10.3
2022June5.9
2022July5.2
2022August5.9

Growth in half of industries

In August, half of all manufacturing industries saw their output increase on an annual basis. The highest growth among the larger industries was achieved by the machinery and transport equipment industry. In August 2021, however, a number of factories in the transport equipment industry were forced to halt production temporarily because of a chip shortage.

Average daily output manufacturing (volume) by sector, August 2022
Categorychange (year-on-year % change)
Machinery24.8
Transport equipment16
Electrical and electronics11.8
Repair and installation of machinery2.7
Metal products0.8
Food products0.4
Chemical products-1.6
Rubber and plastic products-4.9
Manufacturing (total)5.9
Altogether, the industries referred to in the above graph account for approximately 75 percent of the total manufacturing output

Output at high level

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, a decrease of 1.2 percent is seen in manufacturing output from July to August.

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. Although output decreased in August, the level remained high.

Seasonally adjusted average daily output manufacturing (volume)
2018September109,1 (2015=100)
October109.6
November110.2
December107
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
2021January110.9
2021February106.8
2021March110
2021April110.3
2021May112.1
2021June115
2021July116.2
2021August113.6
2021September115.2
2021October116.6
2021November117.6
2021December120
2022January119
2022February118.4
2022March118.2
2022April124.8
2022May123.1
2022June121.6
2022July122.4
2022August120.9

Manufacturers again less optimistic

In September 2022, the mood among Dutch manufacturers is less positive for the second consecutive month. This is mainly due to the fact that manufacturers are less positive about their order positions.

Germany is an important market for the Dutch manufacturing industry. In September, German producer confidence according to the Business Climate Index of the IFO Institute deteriorated. Companies are less optimistic about the current situation and more pessimistic about the coming six months. In August, the average daily output generated by the German manufacturing industry increased by 3 percent year on year, as reported by Destatis.