EU: Industrial Bakery Machinery Market 2024

Industrial Bakery Machinery Market Size in the EU

In 2022, the EU industrial bakery machinery market decreased by X% to $X, falling for the fifth year in a row after two years of growth. Over the period under review, consumption, however, showed a perceptible setback. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Industrial Bakery Machinery Production in the EU

In value terms, industrial bakery machinery production reduced to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a perceptible slump. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Industrial Bakery Machinery Exports

Exports in the EU

In 2022, the amount of industrial bakery machinery exported in the European Union dropped to X units, which is down by X% compared with the year before. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The volume of export peaked at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, industrial bakery machinery exports declined to $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Italy represented the major exporter of industrial bakery machinery in the European Union, with the volume of exports accounting for X units, which was approx. X% of total exports in 2022. The Netherlands (X units) held the second position in the ranking, followed by France (X units), Germany (X units) and Belgium (X units). All these countries together took approx. X% share of total exports. Denmark (X units), Austria (X units), Spain (X units), Poland (X units), Hungary (X units) and Bulgaria (X units) held a little share of total exports.

Italy experienced a relatively flat trend pattern with regard to volume of exports of industrial bakery machinery. At the same time, Bulgaria (X%), Belgium (X%), Hungary (X%), Poland (X%), Spain (X%), the Netherlands (X%) and Denmark (X%) displayed positive paces of growth. Moreover, Bulgaria emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. Austria experienced a relatively flat trend pattern. By contrast, France (X%) and Germany (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Belgium and the Netherlands increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X) remains the largest industrial bakery machinery supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total exports. It was followed by Germany, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Italy was relatively modest. In the other countries, the average annual rates were as follows: the Netherlands (X% per year) and Germany (X% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per unit, dropping by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per unit), while Bulgaria ($X per unit) was amongst the lowest.

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

Industrial Bakery Machinery Imports

Imports in the EU

In 2022, supplies from abroad of industrial bakery machinery decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. The total import volume increased at an average annual rate of X% 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 when imports increased by X%. As a result, imports reached the peak of X units, and then shrank in the following year.

In value terms, industrial bakery machinery imports declined sharply to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2021, and then contracted markedly in the following year.

Imports by Country

Germany (X units), France (X units), the Netherlands (X units), Belgium (X units), Romania (X units), Italy (X units), Spain (X units), Poland (X units) and Austria (X units) represented roughly X% of total imports in 2022. The following importers - Greece (X units), Hungary (X units), the Czech Republic (X units) and Lithuania (X units) - each resulted at an X% share of total imports.

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

In value terms, Germany ($X), France ($X) and Belgium ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Belgium, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per unit in 2022, dropping by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the 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 Austria ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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