EU: Milling Industry Machinery Market 2024

Milling Industry Machinery Market Size in the EU

In 2022, the EU milling industry machinery market increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption saw resilient growth. The level of consumption peaked in 2022 and is likely to see gradual growth in years to come.

Milling Industry Machinery Production in the EU

In value terms, milling industry machinery production fell to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a mild setback. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Milling Industry Machinery Exports

Exports in the EU

In 2022, overseas shipments of milling industry machinery decreased by X% to X units, falling for the fifth year in a row after four years of growth. Overall, exports saw a abrupt setback. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, milling industry machinery exports declined sharply to $X in 2022. Over the period under review, exports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, Italy (X units) and Germany (X units) were the key exporters of milling industry machinery in the European Union, together creating X% of total exports. Spain (X units) held the next position in the ranking, followed by Denmark (X units). All these countries together held approx. X% share of total exports. The following exporters - the Netherlands (X units), Poland (X units) and Austria (X units) - each reached a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of X%), while shipments for the other leaders experienced a decline in the exports figures.

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

Among the main exporting countries, Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in the European Union stood at $X per unit in 2022, waning by X% against the previous year. Export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, milling industry machinery export price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2019 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2021, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per unit), while Poland ($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 (X%), while the other leaders experienced more modest paces of growth.

Milling Industry Machinery Imports

Imports in the EU

In 2022, purchases abroad of milling industry machinery decreased by X% to X units, falling for the fourth consecutive year after two years of growth. Over the period under review, imports showed a slight slump. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, milling industry machinery imports reduced modestly to $X in 2022. Overall, imports recorded a noticeable setback. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Romania (X units), Italy (X units) and Germany (X units) represented the key importer of milling industry machinery in the European Union, constituting X% of total import. It was distantly followed by France (X units), Spain (X units), Sweden (X units) and Poland (X units), together constituting a X% share of total imports. Ireland (X units), Latvia (X units), Slovenia (X units), Bulgaria (X units), Lithuania (X units) and the Netherlands (X units) followed a long way behind the leaders.

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

In value terms, the largest milling industry machinery importing markets in the European Union were Italy ($X), Germany ($X) and France ($X), together accounting for X% of total imports. Romania, Spain, Poland, Sweden, Slovenia, the Netherlands, Ireland, Latvia, Bulgaria and Lithuania lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Slovenia, with a CAGR of X%, recorded the highest rates of growth with regard to 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, dropping by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, import prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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