In 2023, Italy led the European beverage, tobacco, and food machinery production sector with a value share of 34.49 million euros, reflecting a year-on-year growth of 2.18%. Germany followed with 27.91 million euros and a growth of 2.06%. Spain and France showed contrasting trends with Spain's production growing by 3.16% to 7.74 million euros, while France experienced a slight decline (-0.023%) to 6.02 million euros. Denmark, with 5.6 million euros, showed moderate growth at 0.87%. The United Kingdom had a decline of 1.13% to 3.07 million euros, while Austria and Slovakia exhibited robust growth at 6.69% and 6.22%, respectively. Smaller markets like Norway and Portugal also showed positive growth with variations of 3.88% and 1.85%. In contrast, Sweden (-3.62%), Hungary (-2.72%), and other countries like Iceland and Croatia also experienced declines.
Future trends indicate that Italy and Germany will continue to dominate the industry, although emerging growth in countries like Slovakia and Austria could reshape competitive dynamics. Watch for technological advancements, sustainability practices, and economic policies in these leading countries to influence further changes in production values.
Top countries in Beverage, Tobacco and Food Machinery Production Value Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 34.49 | 2023 | +5.51% | +2.18% | View data |
| 2 | 2 Germany | 27.91 | 2023 | +5.41% | +2.06% | View data |
| 3 | 3 Spain | 7.74 | 2023 | +5.21% | +3.16% | View data |
| 4 | 4 France | 6.02 | 2023 | -0.59% | -0.023% | View data |
| 5 | 5 Denmark | 5.6 | 2023 | +2.18% | +0.87% | View data |
| 6 | 6 United Kingdom | 3.07 | 2023 | -0.72% | -1.13% | View data |
| 7 | 7 Poland | 2.53 | 2023 | +1.1% | -0.51% | View data |
| 8 | 8 Austria | 2.37 | 2023 | +10.69% | +6.69% | View data |
| 9 | 9 Belgium | 1.67 | 2023 | +3.01% | -0.38% | View data |
| 10 | 10 Slovakia | 1.3 | 2023 | +6.18% | +6.22% | View data |
