In 2023, France led European sold production of bakery machinery with a production value of 289.22 million euros, exhibiting a modest growth of 1.41% year-on-year. Italy followed with 255.93 million euros, achieving a notable 4.01% increase. Austria's production reached 250.77 million euros, with a growth of 3.06%. Germany, despite a substantial production value of 225.41 million euros, faced a decline of 5.53%. Denmark and the Netherlands recorded minor growths, while Belgium's production grew by 6.99%. Other countries like Hungary and Portugal experienced pronounced increases, while Poland, Bulgaria, and Finland saw declines. Estonia had an impressive 2.97% growth despite a smaller production value of 0.22873 million euros.
Future trends to watch include technological advancements and automation influencing production efficiency in bakery machinery across Europe. Additionally, sustainability practices could drive innovation and competitiveness within the industry. Countries with declining production may need to adopt these trends to maintain market positions.
Top countries in Sold Production of Bakery Machinery by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 289,220,000 | 2023 | +4.33% | +1.41% | View data |
| 2 | 2 Italy | 255,930,000 | 2023 | +4.71% | +4.01% | View data |
| 3 | 3 Austria | 250,770,000 | 2023 | +3.01% | +3.06% | View data |
| 4 | 4 Germany | 225,410,000 | 2023 | -1.19% | -5.53% | View data |
| 5 | 5 Denmark | 114,000,000 | 2023 | +9.11% | +0.061% | View data |
| 6 | 6 Netherlands | 95,118,000 | 2023 | +6.73% | +0.68% | View data |
| 7 | 7 Belgium | 76,428,000 | 2023 | +22.87% | +6.99% | View data |
| 8 | 8 Spain | 68,208,000 | 2023 | +10.16% | +1.9% | View data |
| 9 | 9 United Kingdom | 43,903,000 | 2023 | -1.75% | +0.73% | View data |
| 10 | 10 Hungary | 29,327,000 | 2023 | +3.9% | +10.03% | View data |
