EU: Food Manufacture Machinery Market 2024

Food Manufacture Machinery Market Size in the EU

The EU food manufacture machinery market contracted to $X in 2021, declining by -14.3% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Food Manufacture Machinery Production in the EU

In value terms, food manufacture machinery production totaled $X in 2021 estimated in export price. The total production indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -1.0% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of 35% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Food Manufacture Machinery Exports

Exports in the EU

Food manufacture machinery exports expanded sharply to X units in 2021, increasing by 9.8% against the previous year's figure. The total export volume increased at an average annual rate of +1.3% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2018 when exports increased by 45%. As a result, the exports reached the peak of X units. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, food manufacture machinery exports soared to $X in 2021. The total export value increased at an average annual rate of +4.3% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 18%. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the immediate term.

Exports by Country

In 2021, Italy (X units), distantly followed by Germany (X units), Spain (X units), the Netherlands (X units), France (X units) and Denmark (X units) were the key exporters of machinery for the preparation or manufacture of food or drink, together mixing up 80% of total exports. Poland (X units) took a minor share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Italy (with a CAGR of +5.1%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and Denmark ($X) constituted the countries with the highest levels of exports in 2021, with a combined 60% share of total exports.

Among the main exporting countries, Italy, with a CAGR of +7.2%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per unit, with an increase of 5.9% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.9%. The most prominent rate of growth was recorded in 2017 when the export price increased by 32% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2018 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.7%), while the other leaders experienced more modest paces of growth.

Food Manufacture Machinery Imports

Imports in the EU

In 2021, the amount of machinery for the preparation or manufacture of food or drink imported in the European Union surged to X units, growing by 41% compared with 2020. Total imports indicated a mild increase from 2012 to 2021: its volume increased at an average annual rate of +1.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, food manufacture machinery imports surged to $X in 2021. The total import value increased at an average annual rate of +5.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the Czech Republic (X units), distantly followed by the Netherlands (X units), Spain (X units), Germany (X units), Italy (X units), Poland (X units) and France (X units) represented the key importers of machinery for the preparation or manufacture of food or drink, together achieving 69% of total imports. The following importers - Belgium (X units), Greece (X units), Portugal (X units), Romania (X units), Austria (X units) and Lithuania (X units) - together made up 19% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the Czech Republic (with a CAGR of +33.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and France ($X) were the countries with the highest levels of imports in 2021, with a combined 33% share of total imports. These countries were followed by Spain, Italy, Poland, Greece, Portugal, Belgium, Austria, Romania, the Czech Republic and Lithuania, which together accounted for a further 49%.

Greece, with a CAGR of +16.9%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries 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 2021, with a decrease of -14.9% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.2%. The pace of growth appeared the most rapid in 2013 when the import price increased by 45% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was France ($X per unit), while the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+21.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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