Europe: Confectionery-Making Industrial Machinery Market 2024

Confectionery-Making Industrial Machinery Market Size in Europe

In 2022, the Europe confectionery-making industrial machinery market was finally on the rise to reach $X after two years of decline. In general, consumption, however, recorded a abrupt contraction. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Confectionery-Making Industrial Machinery Production in Europe

In value terms, confectionery-making industrial machinery production amounted 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 when the production volume increased by 23%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Confectionery-Making Industrial Machinery Exports

Exports in Europe

In 2022, the amount of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate exported in Europe dropped to X units, reducing by -10% on the previous year. Over the period under review, exports showed a pronounced contraction. The pace of growth was the most pronounced in 2018 with an increase of 32%. As a result, the exports reached the peak of X units. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, confectionery-making industrial machinery exports reduced notably to $X in 2022. In general, exports recorded a perceptible descent. The most prominent rate of growth was recorded in 2018 with an increase of 33% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X units), Italy (X units) and the Netherlands (X units) represented roughly 66% of total exports in 2022. Belgium (X units) took an 8.4% share (based on physical terms) of total exports, which put it in second place, followed by the UK (6%) and Denmark (5.5%). Switzerland (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +9.5%), while shipments for 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, together accounting for 75% of total exports. These countries were followed by Denmark, the UK, Switzerland and Belgium, which together accounted for a further 19%.

In terms of the main exporting countries, Belgium, with a CAGR of +6.1%, 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 more modest paces of growth.

Export Prices by Country

In 2022, the export price in Europe amounted to $X per unit, declining by -7.3% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the export price increased by 11% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the export prices remained at a somewhat lower figure.

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

In 2022, approx. X units of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate were imported in Europe; shrinking by -9.2% on the year before. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 25% against the previous year. The volume of import peaked at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, confectionery-making industrial machinery imports fell modestly to $X in 2022. In general, imports continue to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2017 when imports increased by 23% against the previous year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Russia was the largest importer of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate in Europe, with the volume of imports finishing at X units, which was near 32% of total imports in 2022. It was distantly followed by the UK (X units), Belgium (X units), Germany (X units), the Netherlands (X units), Bulgaria (X units), Italy (X units) and France (X units), together constituting a 40% share of total imports. The following importers - Spain (X units), Switzerland (X units), Belarus (X units), Portugal (X units) and Poland (X units) - together made up 14% of total imports.

Imports into Russia decreased at an average annual rate of -1.4% from 2012 to 2022. At the same time, Portugal (+33.2%), Bulgaria (+30.6%), the Netherlands (+26.2%), the UK (+11.9%), Belarus (+7.7%), France (+5.0%), Spain (+2.8%) and Belgium (+1.2%) displayed positive paces of growth. Moreover, Portugal emerged as the fastest-growing importer imported in Europe, with a CAGR of +33.2% from 2012-2022. Switzerland experienced a relatively flat trend pattern. By contrast, Italy (-2.0%), Poland (-5.4%) and Germany (-6.1%) illustrated a downward trend over the same period. The UK (+5.2 p.p.), Bulgaria (+4.8 p.p.), the Netherlands (+4.7 p.p.), Portugal (+2.2 p.p.) and France (+2 p.p.) significantly strengthened its position in terms of the total imports, while Russia and Germany saw its share reduced by -2% and -4.7% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate in Europe, comprising 27% of total imports. The second position in the ranking was held by the UK ($X), with a 10% share of total imports. It was followed by the Netherlands, with a 7.8% share.

From 2012 to 2022, the average annual growth rate of value in Russia stood at -5.5%. In the other countries, the average annual rates were as follows: the UK (+13.8% per year) and the Netherlands (+24.4% per year).

Import Prices by Country

In 2022, the import price in Europe amounted to $X per unit, increasing by 9.1% against the previous year. Over the period under review, the import price, however, showed a mild downturn. The most prominent rate of growth was recorded in 2018 an increase of 12%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Switzerland ($X per unit), while Belarus ($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