In 2023, Italy led the European market in sold production of industrial machinery for confectionery, cocoa, or chocolate, holding a dominant share of 41.88%, driven by a strong 16.04% year-on-year growth. Germany and the Netherlands followed with 27.23% and 17.29%, respectively. However, Spain and Croatia experienced significant declines of -22.09% and -43.98%. The 5-year CAGR show Italy and Poland with notable growth trends, while the United Kingdom and France had marginal increases.
Future trends to watch include technological advancements, sustainability initiatives, and potential market shifts due to economic changes, which may impact production and export dynamics across the industry.
Top countries in Sold Production of Industrial Machinery for the Manufacture or Preparation of Confectionery, Cocoa or Chocolate Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 41.88 | 2023 | +22.23% | +16.04% | View data |
| 2 | 2 Germany | 27.23 | 2023 | +5.98% | +3.99% | View data |
| 3 | 3 Netherlands | 17.29 | 2023 | +11.99% | +8.35% | View data |
| 4 | 4 Denmark | 8.05 | 2023 | +4.65% | +2.96% | View data |
| 5 | 5 United Kingdom | 1.28 | 2023 | -0.86% | +1.79% | View data |
| 6 | 6 Poland | 0.68 | 2023 | +3.11% | +13.81% | View data |
| 7 | 7 France | 0.61 | 2023 | +12.68% | +2.94% | View data |
| 8 | 8 Spain | 0.36 | 2023 | -30.21% | -22.09% | View data |
| 9 | 9 Serbia | 0.31 | 2023 | +4.46% | +8.77% | View data |
| 10 | 10 Croatia | 0.001 | 2023 | -50.27% | -43.98% | View data |
