China: Industrial Bakery Machinery Market 2025

Industrial Bakery Machinery Market Size in China

In 2022, the Chinese industrial bakery machinery market decreased by -18.7% to $X, falling for the fourth year in a row after four years of growth. Overall, consumption continues to indicate a noticeable slump. Industrial bakery machinery consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Industrial Bakery Machinery Production in China

In value terms, industrial bakery machinery production dropped slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 with an increase of 14%. Over the period under review, production hit record highs at $X in 2019; afterwards, it flattened through to 2022.

Industrial Bakery Machinery Exports

Exports from China

For the seventh consecutive year, China recorded growth in shipments abroad of industrial bakery machinery, which increased by 24% to X units in 2022. Over the period under review, exports recorded a significant expansion. The growth pace was the most rapid in 2018 when exports increased by 89%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, industrial bakery machinery exports rose slightly to $X in 2022. In general, exports enjoyed a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 46% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Exports by Country

Malaysia (X units), the United States (X units) and Vietnam (X units) were the main destinations of industrial bakery machinery exports from China, with a combined 28% share of total exports. These countries were followed by Russia, Indonesia, Canada, the Philippines, Thailand, Mexico, Kazakhstan, Singapore, the Netherlands and the United Arab Emirates, which together accounted for a further 41%.

From 2012 to 2022, the biggest increases were recorded for Singapore (with a CAGR of +50.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for industrial bakery machinery exported from China were the United States ($X), Vietnam ($X) and Indonesia ($X), together comprising 27% of total exports. These countries were followed by Malaysia, Russia, the Philippines, Canada, Thailand, Mexico, the Netherlands, Singapore, the United Arab Emirates and Kazakhstan, which together accounted for a further 23%.

Singapore, with a CAGR of +22.1%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average industrial bakery machinery export price stood at $X per unit in 2022, shrinking by -16.8% against the previous year. In general, the export price saw a deep contraction. The most prominent rate of growth was recorded in 2015 when the average export price increased by 9.2%. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while the average price for exports to Kazakhstan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+6.2%), while the prices for the other major destinations experienced a decline.

Industrial Bakery Machinery Imports

Imports into China

In 2022, purchases abroad of industrial bakery machinery increased by 10% to X units, rising for the second year in a row after three years of decline. Over the period under review, imports, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2017 with an increase of 15% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, industrial bakery machinery imports reached $X in 2022. Overall, imports continue to indicate mild growth. The growth pace was the most rapid in 2017 when imports increased by 19% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

South Korea (X units), the United States (X units) and Italy (X units) were the main suppliers of industrial bakery machinery imports to China, together comprising 63% of total imports. Japan, Mexico, the Netherlands, Switzerland, Germany and Austria lagged somewhat behind, together comprising a further 32%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of +75.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constituted the largest supplier of industrial bakery machinery to China, comprising 43% of total imports. The second position in the ranking was taken by the United States ($X), with an 11% share of total imports. It was followed by the Netherlands, with a 9.9% share.

From 2012 to 2022, the average annual growth rate of value from Japan was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+21.1% per year) and the Netherlands (-1.4% per year).

Import Prices by Country

In 2022, the average industrial bakery machinery import price amounted to $X per unit, dropping by -5.7% against the previous year. Overall, the import price, however, recorded a resilient expansion. The growth pace was the most rapid in 2018 when the average import price increased by 37% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2021, and then shrank in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+19.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :