Global Confectionery-Making Industrial Machinery Market 2024

Confectionery-Making Industrial Machinery Market Size

The global confectionery-making industrial machinery market declined to $X.8B in 2022, waning by X% against the previous year. Over the period under review, consumption showed a abrupt downturn. Over the period under review, the global market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Confectionery-Making Industrial Machinery Production

In value terms, confectionery-making industrial machinery production fell to $X.3B in 2022 estimated in export price. In general, production showed a deep downturn. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Global production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Confectionery-Making Industrial Machinery Exports

Exports

After two years of growth, overseas shipments of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate decreased by X% to X units in 2022. The total export 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 throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, the global exports hit record highs at X units in 2021, and then shrank slightly in the following year.

In value terms, confectionery-making industrial machinery exports reduced to $X in 2022. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the global exports failed to regain momentum.

Exports by Country

In 2022, China (X units), distantly followed by Germany (X units), Italy (X units), Turkey (X units) and the Netherlands (X units) represented the main exporters of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate, together mixing up X% of total exports. The following exporters - Belgium (X units), the UK (X units), France (X units), Denmark (X units), the United States (X units), Switzerland (X units) and Japan (X units) - together made up X% of total exports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest confectionery-making industrial machinery supplying countries worldwide were Germany ($X), Italy ($X) and the Netherlands ($X), together comprising X% of global exports. China, Turkey, Denmark, Japan, the UK, Switzerland, Belgium, the United States and France lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Turkey, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average confectionery-making industrial machinery export price stood at $X per unit in 2022, with a decrease of X% against the previous year. In general, the export price recorded a perceptible descent. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a somewhat 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 Japan ($X per unit), while China ($X per unit) was amongst the lowest.

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

Confectionery-Making Industrial Machinery Imports

Imports

In 2022, the amount of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate imported worldwide rose to X units, with an increase of X% on the previous year. 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 in certain years. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, global imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, confectionery-making industrial machinery imports declined to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of global imports remained at a lower figure.

Imports by Country

In 2022, the United States (X units), distantly followed by Nigeria (X units) were the major importers of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate, together constituting X% of total imports. The following importers - Angola (X units), Indonesia (X units), Russia (X units), Argentina (X units), Canada (X units), Iran (X units), the UK (X units), France (X units), India (X units), Turkey (X units) and Algeria (X units) - together made up X% of total imports.

Imports into the United States increased at an average annual rate of X% from 2012 to 2022. At the same time, Nigeria (X%), Angola (X%), Argentina (X%), Iran (X%), the UK (X%), France (X%), Algeria (X%) and Canada (X%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. By contrast, Indonesia (X%), India (X%), Russia (X%) and Turkey (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United States, Nigeria, Angola and Argentina increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate worldwide, comprising X% of global imports. The second position in the ranking was taken by Indonesia ($X), with a X% share of global imports. It was followed by Russia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in the United States totaled X%. In the other countries, the average annual rates were as follows: Indonesia (X% per year) and Russia (X% per year).

Import Prices by Country

The average confectionery-making industrial machinery import price stood at $X per unit in 2022, reducing by X% against the previous year. Overall, the import price showed a perceptible setback. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per unit), while Angola ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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