Netherlands: Food Processing Ingredients Annual

In 2024, the Dutch food processing industry continued to face challenges due to geopolitical tensions, market uncertainty, and rising raw material costs, all of which are causing price fluctuations. Labor costs are also increasing, driven by higher wages from collective labor agreements and an ongoing worker shortage. Energy costs remain high due to taxes on electricity and natural gas, though they have slightly decreased since 2023. Meanwhile, packaging and logistics costs have stabilized but are still above 2021 levels, adding to production expenses. Despite these difficulties, the pressure on consumers' purchasing power continues to grow, and food prices are expected to remain elevated throughout 2024.