Benelux: Confectionery-Making Industrial Machinery Market 2024

Confectionery-Making Industrial Machinery Market Size in Benelux

In 2022, after three years of growth, there was significant decline in the Benelux confectionery-making industrial machinery market, when its value decreased by -12.5% to $X. In general, consumption saw a pronounced reduction. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Confectionery-Making Industrial Machinery Production in Benelux

In value terms, confectionery-making industrial machinery production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.8% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 with an increase of 33% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Confectionery-Making Industrial Machinery Exports

Exports in Benelux

In 2022, after three years of decline, there was significant growth in shipments abroad of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate, when their volume increased by 14% to X units. Total exports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -22.1% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of 95% against the previous year. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, confectionery-making industrial machinery exports contracted to $X in 2022. Total exports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -24.7% against 2018 indices. The pace of growth was the most pronounced in 2018 with an increase of 65% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, the Netherlands (X units) represented the main exporter of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate, committing 66% of total exports. It was distantly followed by Belgium (X units), generating a 34% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +9.5%).

In value terms, the Netherlands ($X) remains the largest confectionery-making industrial machinery supplier in Benelux, comprising 86% of total exports. The second position in the ranking was taken by Belgium ($X), with a 14% share of total exports.

In the Netherlands, confectionery-making industrial machinery exports increased at an average annual rate of +5.3% over the period from 2012-2022.

Export Prices by Country

The export price in Benelux stood at $X per unit in 2022, with a decrease of -15.4% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 34% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while Belgium amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.9%).

Confectionery-Making Industrial Machinery Imports

Imports in Benelux

In 2022, after two years of growth, there was decline in overseas purchases of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate, when their volume decreased by -3.8% to X units. Total imports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +26.0% against 2019 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 57% against the previous year. Over the period under review, imports reached the peak figure at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, confectionery-making industrial machinery imports rose remarkably to $X in 2022. Overall, imports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2015 when imports increased by 74% against the previous year. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

The purchases of the two major importers of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate, namely Belgium and the Netherlands, represented more than two-thirds of total import.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +26.2%).

In value terms, the largest confectionery-making industrial machinery importing markets in Benelux were the Netherlands ($X) and Belgium ($X).

Among the main importing countries, the Netherlands, with a CAGR of +24.4%, saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The import price in Benelux stood at $X per unit in 2022, growing by 19% against the previous year. Import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, confectionery-making industrial machinery import price decreased by -16.8% against 2019 indices. The growth pace was the most rapid in 2015 when the import price increased by 42% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per unit), while Belgium totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2.8%).

Source: IndexBox Platform