The global export of machinery for the manufacture of confectionery, cocoa, or chocolate is dominated by Germany, with a market share of 35.15%, followed by the Netherlands and Italy at 18.14% and 13.72%, respectively. While Germany's growth was modest at 0.23%, the Netherlands experienced a more robust increase with a growth rate of 2.45%. Italy also showed slight growth at 0.035%. Other notable increases were seen in Belgium and Lithuania, with growth rates of 2.59% and 2.49%, respectively. On the other hand, several countries experienced declines, such as Japan at -4.47%, Spain at -15.68%, and Canada at -17.74%.
Future trends to watch include the potential for emerging markets such as India and Malaysia to capture more of the market, given their recent growth rates of 5.15% and 14.86%, respectively. The sector may continue to evolve as countries modernize their food processing capabilities, while digital innovations and sustainable manufacturing practices could influence future export trends.
Top countries in Export of Machinery for the Manufacture of Confectionery, Cocoa or Chocolate Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 35.15 | 2023 | +1.67% | +0.23% | View data |
| 2 | 2 Netherlands | 18.14 | 2023 | +4.16% | +2.45% | View data |
| 3 | 3 Italy | 13.72 | 2023 | +1.68% | +0.035% | View data |
| 4 | 4 Switzerland | 5.73 | 2023 | +0.37% | -2.48% | View data |
| 5 | 5 Denmark | 5.6 | 2023 | +2.19% | +0.91% | View data |
| 6 | 6 China | 4.54 | 2023 | +2.54% | +1.8% | View data |
| 7 | 7 Belgium | 3 | 2023 | +3.42% | +2.59% | View data |
| 8 | 8 Japan | 2.02 | 2023 | +0.98% | -4.47% | View data |
| 9 | 9 United Kingdom | 1.79 | 2023 | -1.47% | -1.31% | View data |
| 10 | 10 South Korea | 1.28 | 2023 | +1.72% | +1.22% | View data |
