EU: Confectionery-Making Industrial Machinery Market 2024

Confectionery-Making Industrial Machinery Market Size in the EU

After two years of decline, the EU confectionery-making industrial machinery market increased by 22% to $X in 2022. Overall, consumption, however, saw a deep reduction. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Confectionery-Making Industrial Machinery Production in the EU

In value terms, confectionery-making industrial machinery production expanded to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 26% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Confectionery-Making Industrial Machinery Exports

Exports in the EU

In 2022, approx. X units of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate were exported in the European Union; with a decrease of -8% against 2021 figures. Overall, exports continue to indicate a noticeable setback. The growth pace was the most rapid in 2018 with an increase of 38% against the previous year. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, confectionery-making industrial machinery exports reduced to $X in 2022. Over the period under review, exports continue to indicate a pronounced descent. The pace of growth appeared the most rapid in 2018 when exports increased by 36%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X units), Italy (X units) and the Netherlands (X units) represented roughly 75% of total exports in 2022. Belgium (X units) ranks next in terms of the total exports with a 9.6% share, followed by Denmark (6.3%). The following exporters - France (X units) and Poland (X units) - each finished at a 3.9% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Belgium (with a CAGR of +9.5%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and the Netherlands ($X) constituted the countries with the highest levels of exports in 2022, with a combined 83% share of total exports. Denmark, Belgium, France and Poland lagged somewhat behind, together comprising a further 14%.

Poland, with a CAGR of +6.4%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per unit in 2022, reducing by -7.2% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the export price increased by 13%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was France ($X per unit), while Belgium ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.2%), while the other leaders experienced more modest paces of growth.

Confectionery-Making Industrial Machinery Imports

Imports in the EU

In 2022, the amount of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate imported in the European Union contracted to X units, which is down by -12.2% against the previous year. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by 29%. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, confectionery-making industrial machinery imports declined to $X in 2022. Total imports indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -28.8% against 2018 indices. The most prominent rate of growth was recorded in 2017 with an increase of 33%. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Belgium (X units), Germany (X units), the Netherlands (X units), Bulgaria (X units), Italy (X units), France (X units) and Spain (X units) represented roughly 74% of total imports in 2022. It was distantly followed by Portugal (X units), constituting a 4.6% share of total imports. The following importers - Poland (X units), Greece (X units), Romania (X units), Slovenia (X units) and Ireland (X units) - together made up 12% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Slovenia (with a CAGR of +43.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), France ($X) and Germany ($X) were the countries with the highest levels of imports in 2022, together accounting for 41% of total imports. These countries were followed by Italy, Belgium, Bulgaria, Poland, Portugal, Spain, Romania, Greece, Slovenia and Ireland, which together accounted for a further 48%.

In terms of the main importing countries, Bulgaria, with a CAGR of +41.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per unit in 2022, surging by 2.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2018 when the import price increased by 22%. Over the period under review, import prices attained the peak figure at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 France ($X per unit), while Ireland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+8.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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