United Kingdom: Confectionery-Making Industrial Machinery Market 2024

Confectionery-Making Industrial Machinery Market Size in the UK

After two years of decline, the UK confectionery-making industrial machinery market increased by 32% to $X in 2022. Overall, the total consumption indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Confectionery-making industrial machinery consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Confectionery-Making Industrial Machinery Production in the UK

In value terms, confectionery-making industrial machinery production dropped modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.5% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when the production volume increased by 28% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Confectionery-Making Industrial Machinery Exports

Exports from the UK

In 2022, exports of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate from the UK reduced to X units, waning by -1.6% compared with the previous year. Overall, exports, however, continue to indicate a perceptible expansion. The pace of growth was the most pronounced in 2013 with an increase of 91% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, confectionery-making industrial machinery exports reduced notably to $X in 2022. Over the period under review, exports, however, continue to indicate moderate growth. The pace of growth was the most pronounced in 2013 with an increase of 61% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then contracted notably in the following year.

Exports by Country

Australia (X units) was the main destination for confectionery-making industrial machinery exports from the UK, with a 23% share of total exports. Moreover, confectionery-making industrial machinery exports to Australia exceeded the volume sent to the second major destination, Belgium (X units), twofold. France (X units) ranked third in terms of total exports with a 5.7% share.

From 2012 to 2022, the average annual growth rate of volume to Australia totaled +37.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+77.0% per year) and France (+37.4% per year).

In value terms, the largest markets for confectionery-making industrial machinery exported from the UK were the United States ($X), Australia ($X) and Bangladesh ($X), together accounting for 39% of total exports. Belgium, Poland, France, Germany, Armenia, Israel, Mexico, Egypt, Italy and Lebanon lagged somewhat behind, together comprising a further 30%.

Among the main countries of destination, Armenia, with a CAGR of +136.3%, saw the highest growth rate of 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 average confectionery-making industrial machinery export price amounted to $X per unit, dropping by -21.3% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 17% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then shrank rapidly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Lebanon ($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 Germany (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Confectionery-Making Industrial Machinery Imports

Imports into the UK

In 2022, approx. X units of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate were imported into the UK; jumping by 134% compared with 2021 figures. Overall, imports posted a remarkable increase. Imports peaked at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, confectionery-making industrial machinery imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate buoyant growth. Imports peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X units), the Netherlands (X units) and China (X units) were the main suppliers of confectionery-making industrial machinery imports to the UK, with a combined 59% share of total imports. Italy, Poland, Switzerland, Turkey, Denmark and the United States lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +58.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Italy ($X) constituted the largest confectionery-making industrial machinery suppliers to the UK, with a combined 75% share of total imports. These countries were followed by Switzerland, Poland, China, Turkey, Denmark and the United States, which together accounted for a further 19%.

Among the main suppliers, Turkey, with a CAGR of +58.0%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average confectionery-making industrial machinery import price stood at $X per unit in 2022, surging by 36% against the previous year. In general, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.7% 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 +62.0% against 2019 indices. The pace of growth was the most pronounced in 2015 an increase of 57% against the previous year. As a result, import price reached the peak level of $X per unit. From 2016 to 2022, the average import prices failed to regain momentum.

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 Poland (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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