The United Kingdom led European exports of machinery for food, beverage, and tobacco processing in 2023, though experiencing a notable year-on-year decrease. Denmark, Italy, and Spain exhibited robust growth, with Italy particularly strong. Conversely, Poland and Austria faced declines. Germany and Slovakia posted modest increases, whereas smaller markets like Lithuania and Greece showed significant growth. Finland's exports soared, while Hungary and Slovenia declined sharply. The five-year CAGR trends reveal variability across countries, emphasizing diverse growth patterns in Europe.
Future trends to watch in European machinery exports include technological innovations, shifts toward automation, and energy-efficient solutions. The impact of EU regulations and sustainability goals on machinery demand and export competitiveness will be pivotal.
Top countries in Export of Machinery for Food, Beverage and Tobacco Processing by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 223,640 | 2023 | -0.49% | -15.66% | View data |
| 2 | 2 Denmark | 15,760 | 2023 | +14.82% | +20.47% | View data |
| 3 | 3 Italy | 8,140 | 2023 | +7.38% | +61.05% | View data |
| 4 | 4 Spain | 3,380 | 2023 | -3.02% | +23.42% | View data |
| 5 | 5 Germany | 1,920 | 2023 | +8.99% | +5.35% | View data |
| 6 | 6 Poland | 955 | 2023 | -2.35% | -8.67% | View data |
| 7 | 7 Austria | 840 | 2023 | +3.07% | -4.4% | View data |
| 8 | 8 France | 464 | 2023 | +19.28% | -3.17% | View data |
| 9 | 9 Netherlands | 421 | 2023 | -3.66% | -7.6% | View data |
| 10 | 10 Lithuania | 284 | 2023 | +6.77% | +30.86% | View data |
