In analyzing the European Beverage, Tobacco, and Food Machinery Turnover by Country for 2024 with actual values from 2023, Italy leads with €8.35 billion, showing a modest year-on-year increase of 1.72%. Germany follows at €7.34 billion, with a smaller increase of 1.34%. Spain, France, and Denmark rank next with €2.11 billion, €1.66 billion, and €1.54 billion respectively, but France shows a slight decline at -0.067%. Noteworthy increases include Slovakia at 7.89% and Iceland at 5.59%. However, the United Kingdom, Belgium, Sweden, Croatia, and Bosnia and Herzegovina reported declines. Finland and Poland display minimal negative variations.
Future trends to watch include potential growth surges in countries such as Lithuania, Slovakia, Bulgaria, and Iceland given their significant yearly increases. Additionally, potential market contractions should be monitored in countries like Bosnia and Herzegovina, and Belgium. Factors to consider include economic policies, technological advancements, and global trade impacts on these sectors.
Top countries in Beverage, Tobacco and Food Machinery Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 8,350 | 2023 | +4.58% | +1.72% | View data |
| 2 | 2 Germany | 7,340 | 2023 | +5.22% | +1.34% | View data |
| 3 | 3 Spain | 2,110 | 2023 | +5.44% | +3.58% | View data |
| 4 | 4 France | 1,660 | 2023 | -0.22% | -0.067% | View data |
| 5 | 5 Denmark | 1,540 | 2023 | +2.08% | +1.34% | View data |
| 6 | 6 United Kingdom | 827.1 | 2023 | -1.89% | -2.17% | View data |
| 7 | 7 Poland | 712.8 | 2023 | +1.71% | -0.25% | View data |
| 8 | 8 Austria | 564.5 | 2023 | +6.71% | +4.3% | View data |
| 9 | 9 Belgium | 380.5 | 2023 | +0.66% | -2.44% | View data |
| 10 | 10 Iceland | 364.1 | 2023 | +10.77% | +5.59% | View data |
