Spain: Confectionery-Making Industrial Machinery Market 2024

Confectionery-Making Industrial Machinery Market Size in Spain

In 2022, the Spanish confectionery-making industrial machinery market increased by 451% to $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption showed resilient growth. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Confectionery-Making Industrial Machinery Production in Spain

In value terms, confectionery-making industrial machinery production soared to $X in 2022 estimated in export price. In general, production, however, saw a deep setback. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Confectionery-Making Industrial Machinery Exports

Exports from Spain

After three years of growth, overseas shipments of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate decreased by -9.5% to X units in 2022. Over the period under review, exports recorded a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 24% against the previous year. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, confectionery-making industrial machinery exports declined significantly to $X in 2022. In general, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2019 with an increase of 43%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X units), Canada (X units) and Guatemala (X units) were the main destinations of confectionery-making industrial machinery exports from Spain, with a combined 37% share of total exports. These countries were followed by China, Ghana, Lebanon, Argentina, Cote d'Ivoire, Morocco, Ecuador, Brazil, Chile and Kuwait, which together accounted for a further 52%.

From 2012 to 2022, the biggest increases were recorded for Argentina (with a CAGR of +43.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for confectionery-making industrial machinery exported from Spain were Canada ($X), the United States ($X) and Ghana ($X), together comprising 42% of total exports.

Canada, with a CAGR of +76.3%, recorded the highest growth rate of the value of exports, in terms of 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, dropping by -20.1% against the previous year. In general, the export price showed a slight downturn. The most prominent rate of growth was recorded in 2013 when the average export price increased by 42% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($X per unit), while the average price for exports to Cote d'Ivoire ($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 Chile (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.

Confectionery-Making Industrial Machinery Imports

Imports into Spain

In 2022, supplies from abroad of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. In general, imports continue to indicate pronounced growth. The most prominent rate of growth was recorded in 2017 when imports increased by 71% against the previous year. 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 fell notably to $X in 2022. Over the period under review, imports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2013 when imports increased by 153%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

Italy (X units), Germany (X units) and China (X units) were the main suppliers of confectionery-making industrial machinery imports to Spain, with a combined 59% share of total imports. The Netherlands, the UK, Turkey and Denmark lagged somewhat behind, together comprising a further 30%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +49.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), the Netherlands ($X) and Germany ($X) were the largest confectionery-making industrial machinery suppliers to Spain, together comprising 69% of total imports.

The Netherlands, with a CAGR of +91.9%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average confectionery-making industrial machinery import price amounted to $X per unit, shrinking by -53.2% against the previous year. Overall, the import price, however, continues to indicate a pronounced expansion. The most prominent rate of growth was recorded in 2018 an increase of 92%. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a lower figure.

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 the UK (+7.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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