Global Food Mixer Market 2024

Food Mixer Market Size

In 2022, the global food mixer market increased by 3.7% to $X, rising for the fifth year in a row after three years of decline. The market value increased at an average annual rate of +4.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the global market hit record highs in 2022 and is likely to continue growth in the immediate term.

Food Mixer Production

In value terms, food mixer production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 with an increase of 21% against the previous year. Over the period under review, global production reached the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Food Mixer Exports

Exports

In 2022, shipments abroad of domestic food grinders and mixers and fruit or vegetable juice extractors decreased by -24% to X units for the first time since 2016, thus ending a five-year rising trend. Overall, total exports indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. As a result, the exports attained the peak of X units, and then reduced sharply in the following year.

In value terms, food mixer exports contracted markedly to $X in 2022. In general, total exports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 30%. As a result, the exports reached the peak of $X, and then shrank markedly in the following year.

Exports by Country

China dominates exports structure, amounting to X units, which was approx. 74% of total exports in 2022. The Netherlands (X units), the United States (X units), Mexico (X units), Germany (X units), Spain (X units), Slovenia (X units) and Italy (X units) held a minor share of total exports.

Exports from China increased at an average annual rate of +3.7% from 2012 to 2022. At the same time, Spain (+26.1%), Italy (+13.1%), the Netherlands (+10.4%) and the United States (+3.6%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing exporter exported in the world, with a CAGR of +26.1% from 2012-2022. Slovenia experienced a relatively flat trend pattern. By contrast, Germany (-2.3%) and Mexico (-3.1%) illustrated a downward trend over the same period. While the share of China (+5.7 p.p.) and Spain (+1.8 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Mexico (-1.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest food mixer supplier worldwide, comprising 60% of global exports. The second position in the ranking was taken by the United States ($X), with a 6.9% share of global exports. It was followed by Germany, with a 3.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China stood at +6.3%. In the other countries, the average annual rates were as follows: the United States (+4.2% per year) and Germany (-4.2% per year).

Export Prices by Country

The average food mixer export price stood at $X per unit in 2022, remaining constant against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 14%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the average 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 the United States ($X per unit), while Spain ($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 (+2.6%), while the other global leaders experienced more modest paces of growth.

Food Mixer Imports

Imports

In 2022, after three years of growth, there was significant decline in purchases abroad of domestic food grinders and mixers and fruit or vegetable juice extractors, when their volume decreased by -20.5% to X units. The total import volume increased at an average annual rate of +2.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 25% against the previous year. As a result, imports attained the peak of X units, and then declined markedly in the following year.

In value terms, food mixer imports contracted notably to $X in 2022. The total import value increased at an average annual rate of +2.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 34%. As a result, imports attained the peak of $X, and then fell remarkably in the following year.

Imports by Country

In 2022, the United States (X units), distantly followed by Germany (X units) and Russia (X units) represented the key importers of domestic food grinders and mixers and fruit or vegetable juice extractors, together mixing up 33% of total imports. France (X units), the United Arab Emirates (X units), the Netherlands (X units), Spain (X units), Mexico (X units), Italy (X units), the UK (X units), Poland (X units), Canada (X units) and Iraq (X units) followed a long way behind the leaders.

Imports into the United States increased at an average annual rate of +1.8% from 2012 to 2022. At the same time, Iraq (+20.5%), Spain (+9.9%), Poland (+8.1%), the Netherlands (+5.1%), Russia (+5.0%), Mexico (+3.3%), the United Arab Emirates (+3.2%), France (+2.7%) and Germany (+1.7%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest-growing importer imported in the world, with a CAGR of +20.5% from 2012-2022. Canada and Italy experienced a relatively flat trend pattern. By contrast, the UK (-1.1%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Spain increased by +1.7 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported domestic food grinders and mixers and fruit or vegetable juice extractors worldwide, comprising 18% of global imports. The second position in the ranking was taken by Germany ($X), with an 8% share of global imports. It was followed by Russia, with a 4.7% share.

In the United States, food mixer imports expanded at an average annual rate of +2.2% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Germany (+0.0% per year) and Russia (+0.8% per year).

Import Prices by Country

The average food mixer import price stood at $X per unit in 2022, falling by -3.8% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 8.9%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.8%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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