Italy: Confectionery-Making Industrial Machinery Market 2024

Confectionery-Making Industrial Machinery Market Size in Italy

In 2022, after two years of decline, there was significant growth in the Italian confectionery-making industrial machinery market, when its value increased by 159% to $X. Overall, consumption, however, continues to indicate a sharp decline. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Confectionery-Making Industrial Machinery Production in Italy

In value terms, confectionery-making industrial machinery production rose remarkably to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 64% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Confectionery-Making Industrial Machinery Exports

Exports from Italy

In 2022, overseas shipments of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate increased by 12% to X units, rising for the second consecutive year after two years of decline. Overall, exports, however, recorded a perceptible setback. The pace of growth was the most pronounced in 2018 when exports increased by 41% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, confectionery-making industrial machinery exports rose to $X in 2022. In general, exports, however, saw a pronounced downturn. The most prominent rate of growth was recorded in 2018 with an increase of 36%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X units), India (X units) and France (X units) were the main destinations of confectionery-making industrial machinery exports from Italy, together comprising 29% of total exports. Belgium, Nigeria, Germany, Morocco, Cameroon, Mexico, Switzerland, Algeria, Iran and Peru lagged somewhat behind, together comprising a further 39%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Morocco (with a CAGR of +64.3%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), France ($X) and Belgium ($X) were the largest markets for confectionery-making industrial machinery exported from Italy worldwide, with a combined 30% share of total exports. India, Cameroon, Germany, Morocco, Mexico, Switzerland, Nigeria, Algeria, Iran and Peru lagged somewhat behind, together comprising a further 32%.

Morocco, with a CAGR of +51.0%, 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

In 2022, the average confectionery-making industrial machinery export price amounted to $X per unit, which is down by -8% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 13% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Nigeria ($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 Mexico (+4.8%), while the prices for the other major destinations experienced a decline.

Confectionery-Making Industrial Machinery Imports

Imports into Italy

In 2022, purchases abroad of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate increased by 3.4% to X units, rising for the second year in a row after three years of decline. Overall, imports, however, saw a perceptible downturn. The pace of growth appeared the most rapid in 2017 when imports increased by 85%. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, confectionery-making industrial machinery imports rose sharply to $X in 2022. Over the period under review, imports showed a tangible expansion. The pace of growth was the most pronounced in 2017 when imports increased by 48%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest confectionery-making industrial machinery supplier to Italy, accounting for a 47% share of total imports. Moreover, confectionery-making industrial machinery imports from Germany exceeded the figures recorded by the second-largest supplier, Tunisia (X units), threefold. Switzerland (X units) ranked third in terms of total imports with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at +8.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Tunisia (+4.7% per year) and Switzerland (+6.9% per year).

In value terms, Germany ($X) constituted the largest supplier of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate to Italy, comprising 55% of total imports. The second position in the ranking was taken by Switzerland ($X), with a 13% share of total imports. It was followed by Tunisia, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to +9.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+8.8% per year) and Tunisia (+4.8% per year).

Import Prices by Country

In 2022, the average confectionery-making industrial machinery import price amounted to $X per unit, increasing by 1.6% against the previous year. Overall, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, confectionery-making industrial machinery import price increased by +57.1% against 2017 indices. The most prominent rate of growth was recorded in 2015 an increase of 107%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for China ($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 (+17.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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