Germany: Milling Industry Machinery Market 2024

Milling Industry Machinery Market Size in Germany

After three years of growth, the German milling industry machinery market decreased by X% to $X in 2022. In general, consumption saw a noticeable descent. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Milling Industry Machinery Production in Germany

In value terms, milling industry machinery production dropped to $X in 2022 estimated in export price. Overall, production, however, saw a perceptible contraction. The pace of growth was the most pronounced in 2019 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Milling Industry Machinery Exports

Exports from Germany

In 2022, approx. X units of milling industry machinery were exported from Germany; picking up by X% compared with 2021 figures. Overall, exports, however, continue to indicate a noticeable decrease. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, milling industry machinery exports soared to $X in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Hungary (X units) was the main destination for milling industry machinery exports from Germany, with a X% share of total exports. Moreover, milling industry machinery exports to Hungary exceeded the volume sent to the second major destination, the UK (X units), threefold. The third position in this ranking was taken by Greece (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Hungary totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Greece (X% per year).

In value terms, Hungary ($X), the UK ($X) and Greece ($X) constituted the largest markets for milling industry machinery exported from Germany worldwide, with a combined X% share of total exports.

The UK, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average milling industry machinery export price stood at $X per unit in 2022, which is down by X% against the previous year. Overall, export price indicated perceptible growth 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. The growth pace was the most rapid in 2021 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit, and then plummeted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per unit), while the average price for exports to Hungary ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Milling Industry Machinery Imports

Imports into Germany

In 2022, purchases abroad of milling industry machinery decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. Overall, imports showed a perceptible downturn. The growth pace was the most rapid in 2020 when imports increased by X%. Imports peaked at X units in 2021, and then fell sharply in the following year.

In value terms, milling industry machinery imports dropped sharply to $X in 2022. In general, imports showed a abrupt decline. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Switzerland (X units), China (X units) and Turkey (X units) were the main suppliers of milling industry machinery imports to Germany, with a combined X% share of total imports. The Netherlands, Italy, Denmark and Poland lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X) constituted the largest supplier of milling industry machinery to Germany, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Switzerland amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Turkey (X% per year).

Import Prices by Country

The average milling industry machinery import price stood at $X per unit in 2022, with an increase of X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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