Europe: Domestic Coffee Machine Market 2024

Domestic Coffee Machine Market Size in Europe

In 2022, after two years of growth, there was significant decline in the Europe domestic coffee machine market, when its value decreased by X% to $X. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2021, and then fell in the following year.

Domestic Coffee Machine Production in Europe

In value terms, domestic coffee machine production expanded modestly to $X in 2022 estimated in export price. The total production indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. The level of production peaked in 2022 and is expected to retain growth in the immediate term.

Domestic Coffee Machine Exports

Exports in Europe

For the third consecutive year, Europe recorded growth in overseas shipments of domestic electric coffee or tea makers, which increased by X% to X units in 2022. Total exports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, domestic coffee machine exports fell to $X in 2022. In general, exports showed a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then declined in the following year.

Exports by Country

In 2022, Hungary (X units), the Netherlands (X units), Romania (X units), Italy (X units), Ukraine (X units), Poland (X units), Germany (X units), Belgium (X units) and France (X units) represented the largest exporter of domestic electric coffee or tea makers in Europe, creating X% of total export.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Ukraine (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and Romania ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of total exports. Hungary, the Netherlands, Belgium, Ukraine, Poland and France lagged somewhat behind, together comprising a further X%.

Ukraine, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Europe stood at $X per unit in 2022, dropping by X% against the previous year. Over the period under review, the export price, however, showed a slight increase. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, the export prices reached the maximum at $X per unit in 2021, and then contracted in the following year.

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 Germany ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

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

Domestic Coffee Machine Imports

Imports in Europe

After two years of growth, supplies from abroad of domestic electric coffee or tea makers decreased by X% to X units in 2022. The total import volume 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 in certain years. The growth pace was the most rapid in 2018 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2021, and then declined in the following year.

In value terms, domestic coffee machine imports contracted to $X in 2022. Total imports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then dropped in the following year.

Imports by Country

The purchases of the ten major importers of domestic electric coffee or tea makers, namely Germany, France, Italy, the Netherlands, Hungary, Spain, Belgium, the UK, Russia and Poland, represented more than two-thirds of total import. The following importers - Slovakia (X units) and Greece (X units) - each accounted for a 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 Hungary (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported domestic electric coffee or tea makers in Europe, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by the Netherlands, with an X% share.

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

Import Prices by Country

The import price in Europe stood at $X per unit in 2022, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

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

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

Source: IndexBox Platform

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