Germany: Confectionery-Making Industrial Machinery Market 2024

Confectionery-Making Industrial Machinery Market Size in Germany

In 2023, the German confectionery-making industrial machinery market decreased by X% to $X, falling for the fourth year in a row after two years of growth. Overall, consumption showed a abrupt downturn. As a result, consumption attained the peak level of $X. From 2015 to 2023, the growth of the market failed to regain momentum.

Confectionery-Making Industrial Machinery Production in Germany

In value terms, confectionery-making industrial machinery production rose rapidly to $X in 2023 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X%. Confectionery-making industrial machinery production peaked at $X in 2019; however, from 2020 to 2023, production stood at a somewhat lower figure.

Confectionery-Making Industrial Machinery Exports

Exports from Germany

In 2023, approx. X units of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate were exported from Germany; rising by X% on the previous year. Over the period under review, exports, however, showed a pronounced reduction. The exports peaked at X units in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

In value terms, confectionery-making industrial machinery exports soared to $X in 2023. In general, exports, however, saw a relatively flat trend pattern. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2023, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for confectionery-making industrial machinery exports from Germany, accounting for a X% share of total exports. Moreover, confectionery-making industrial machinery exports to the United States exceeded the volume sent to the second major destination, Switzerland (X units), threefold. The third position in this ranking was taken by Israel (X units), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (X% per year) and Israel (X% per year).

In value terms, the United States ($X) remains the key foreign market for industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate exports from Germany, comprising X% of total exports. The second position in the ranking was held by Switzerland ($X), with a X% share of total exports. It was followed by Mexico, with a X% share.

From 2012 to 2023, the average annual growth rate of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (X% per year) and Mexico (X% per year).

Export Prices by Country

The average confectionery-making industrial machinery export price stood at $X per unit in 2023, rising by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2022 to 2023, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Israel ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Confectionery-Making Industrial Machinery Imports

Imports into Germany

Confectionery-making industrial machinery imports into Germany surged to X units in 2023, increasing by X% compared with the year before. In general, imports, however, showed a perceptible setback. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Imports peaked at X units in 2019; however, from 2020 to 2023, imports stood at a somewhat lower figure.

In value terms, confectionery-making industrial machinery imports soared to $X in 2023. Overall, imports, however, saw a mild slump. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2023, imports remained at a lower figure.

Imports by Country

Switzerland (X units), Italy (X units) and the Netherlands (X units) were the main suppliers of confectionery-making industrial machinery imports to Germany, together accounting for X% of total imports.

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

In value terms, Switzerland ($X), Italy ($X) and the Netherlands ($X) were the largest confectionery-making industrial machinery suppliers to Germany, with a combined X% share of total imports.

In terms of the main suppliers, the Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to 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 2023, picking up by X% against the previous year. In general, import price indicated perceptible growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, confectionery-making industrial machinery import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2016 an increase of X%. The import price peaked in 2023 and is expected to retain growth in the immediate term.

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

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

Source: IndexBox Platform