Europe: Confectionery-Making Industrial Machinery Market 2024

Confectionery-Making Industrial Machinery Market Size in Europe

The Europe confectionery-making industrial machinery market contracted sharply to $X in 2023, with a decrease of X% against the previous year. Over the period under review, consumption continues to indicate a abrupt shrinkage. The level of consumption peaked at $X in 2014; however, from 2015 to 2023, consumption remained at a lower figure.

Confectionery-Making Industrial Machinery Production in Europe

In value terms, confectionery-making industrial machinery production declined to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2020 to 2023, production growth remained at a lower figure.

Confectionery-Making Industrial Machinery Exports

Exports in Europe

In 2023, exports of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate in Europe surged to X units, picking up by X% against 2022 figures. Over the period under review, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports attained the peak figure at X units in 2018; however, from 2019 to 2023, the exports remained at a lower figure.

In value terms, confectionery-making industrial machinery exports skyrocketed to $X in 2023. The total export value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The shipments of the three major exporters of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate, namely Germany, the Netherlands and Italy, represented more than two-thirds of total export. Belgium (X units) took the next position in the ranking, followed by Switzerland (X units). All these countries together took near X% share of total exports. The following exporters - Denmark (X units), the UK (X units), France (X units), Slovakia (X units) and Spain (X units) - together made up X% of total exports.

From 2012 to 2023, the biggest increases were recorded for Belgium (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest confectionery-making industrial machinery supplying countries in Europe were Germany ($X), the Netherlands ($X) and Italy ($X), with a combined X% share of total exports.

The Netherlands, with a CAGR of X%, recorded the highest growth rate of 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

In 2023, the export price in Europe amounted to $X per unit, rising by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Denmark ($X per unit), while France ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced more modest paces of growth.

Confectionery-Making Industrial Machinery Imports

Imports in Europe

In 2023, after two years of decline, there was significant growth in supplies from abroad of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate, when their volume increased by X% to X units. Over the period under review, imports recorded a relatively flat trend pattern. The volume of import peaked at X units in 2014; however, from 2015 to 2023, imports remained at a lower figure.

In value terms, confectionery-making industrial machinery imports surged to $X in 2023. Overall, imports recorded a relatively flat trend pattern. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Russia (X units), followed by Latvia (X units), the UK (X units), Belgium (X units), Germany (X units), Switzerland (X units), Italy (X units), France (X units) and the Netherlands (X units) represented the major importers of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate, together achieving X% of total imports. Spain (X units), Poland (X units), Bulgaria (X units) and Norway (X units) held a little share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Latvia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest confectionery-making industrial machinery importing markets in Europe were Russia ($X), the UK ($X) and Latvia ($X), together comprising X% of total imports.

In terms of the main importing countries, Latvia, with a CAGR of X%, 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 import price in Europe stood at $X per unit in 2023, flattening at the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X%. Over the period under review, import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Latvia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform