In 2023, Spain led the European Sold Production of Bakery Machinery with 79.72 thousand items, followed by Italy with 47.85 and France with 34.13. Spain showed stagnant growth with a 0.59% increase, while Italy boasted strong growth at 11.4%. Germany, though smaller in value, had a 6.51% rise, reflecting potential growth. The United Kingdom observed a modest increase of 3.3%, while some countries like Poland and Netherlands experienced declines at -5.67% and -10.5%, respectively. Notably, Hungary saw significant growth at 10.28%, suggesting emerging potential in smaller markets.
Future trends to watch include technological advancements in bakery machinery, which may drive production efficiency and output, and the expansion of bakery product consumption across Europe. Countries with rising growth rates, like Italy and Hungary, may capitalize on these trends, suggesting a geographical shift in production leadership.
Top countries in Sold Production of Bakery Machinery by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 79,720 | 2023 | +7.89% | +0.59% | View data |
| 2 | 2 Italy | 47,850 | 2023 | +2.27% | +11.4% | View data |
| 3 | 3 France | 34,130 | 2021 | +18.62% | -3.99% | View data |
| 4 | 4 Germany | 16,310 | 2023 | +5.44% | +6.51% | View data |
| 5 | 5 United Kingdom | 12,440 | 2023 | +3.37% | +3.3% | View data |
| 6 | 6 Belgium | 6,770 | 2023 | +4.08% | -0.12% | View data |
| 7 | 7 Denmark | 5,340 | 2023 | +0.5% | +2.24% | View data |
| 8 | 8 Portugal | 2,690 | 2023 | +11.35% | +4.41% | View data |
| 9 | 9 Hungary | 1,620 | 2023 | +3.74% | +10.28% | View data |
| 10 | 10 Poland | 1,590 | 2023 | -3.8% | -5.67% | View data |
