EU: Sugar-Manufacturing Industrial Machinery Market 2024

Sugar-Manufacturing Industrial Machinery Market Size in the EU

The EU sugar-manufacturing industrial machinery market expanded to $X in 2022, with an increase of 4.9% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Sugar-Manufacturing Industrial Machinery Production in the EU

In value terms, sugar-manufacturing industrial machinery production dropped slightly to $X in 2022 estimated in export price. Overall, production showed a perceptible decline. The growth pace was the most rapid in 2018 when the production volume increased by 28%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Sugar-Manufacturing Industrial Machinery Exports

Exports in the EU

In 2022, approx. X units of industrial machinery for the manufacture or preparation of sugar were exported in the European Union; rising by 30% compared with the previous year. In general, exports, however, saw a perceptible curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 39%. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, sugar-manufacturing industrial machinery exports surged to $X in 2022. Overall, exports, however, showed a pronounced downturn. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X units) and Italy (X units) represented the largest exporters of industrial machinery for the manufacture or preparation of sugar in 2022, finishing at approx. 37% and 27% of total exports, respectively. France (X units) took a 16% share (based on physical terms) of total exports, which put it in second place, followed by Poland (10%). The following exporters - Hungary (X units), the Czech Republic (X units) and Spain (X units) - each recorded a 9% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by the Czech Republic (with a CAGR of +6.4%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Germany ($X) remains the largest sugar-manufacturing industrial machinery supplier in the European Union, comprising 50% of total exports. The second position in the ranking was held by France ($X), with a 23% share of total exports. It was followed by Italy, with a 17% share.

In Germany, sugar-manufacturing industrial machinery exports expanded at an average annual rate of +3.6% over the period from 2012-2022. In the other countries, the average annual rates were as follows: France (-2.8% per year) and Italy (-8.6% per year).

Export Prices by Country

The export price in the European Union stood at $X per unit in 2022, with a decrease of -10.2% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the export price increased by 41%. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+7.2%), while the other leaders experienced more modest paces of growth.

Sugar-Manufacturing Industrial Machinery Imports

Imports in the EU

In 2022, the amount of industrial machinery for the manufacture or preparation of sugar imported in the European Union fell modestly to X units, remaining relatively unchanged against the previous year. Over the period under review, imports recorded a mild decline. The most prominent rate of growth was recorded in 2016 with an increase of 284% 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 failed to regain momentum.

In value terms, sugar-manufacturing industrial machinery imports declined to $X in 2022. In general, imports showed a mild descent. The most prominent rate of growth was recorded in 2014 when imports increased by 99%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Germany (X units) was the major importer of industrial machinery for the manufacture or preparation of sugar, mixing up 47% of total imports. Poland (X units) held the second position in the ranking, distantly followed by France (X units). All these countries together held near 37% share of total imports. Portugal (X units), Lithuania (X units), the Czech Republic (X units) and Spain (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of +34.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported industrial machinery for the manufacture or preparation of sugar in the European Union, comprising 40% of total imports. The second position in the ranking was taken by France ($X), with a 15% share of total imports. It was followed by Portugal, with a 13% share.

From 2012 to 2022, the average annual growth rate of value in Germany amounted to +12.7%. The remaining importing countries recorded the following average annual rates of imports growth: France (-3.4% per year) and Portugal (+39.8% per year).

Import Prices by Country

The import price in the European Union stood at $X per unit in 2022, reducing by -7.9% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by 31%. The level of import peaked at $X per unit in 2015; however, from 2016 to 2022, import prices remained at a 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 Portugal ($X per unit), while Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+13.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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