In 2023, the leading countries in European sold production of bakery machinery measured in euros were France, Italy, and Austria, with France holding the largest share. Over the past year, significant year-on-year growth was observed in Belgium, Hungary, Portugal, and Greece, driven by competitive manufacturing and innovation capabilities. Conversely, Germany, Finland, and Bulgaria have seen declines, suggesting potential shifts in market dynamics or competitiveness issues.
Future trends to watch include:
- Continued growth in emerging markets such as Hungary and Portugal, leveraging competitive cost structures.
- Potential market recovery in Germany if adjustments are made in production efficiencies or innovation.
- The increasing importance of sustainable manufacturing practices likely to influence market share shifts favorably.]
Top countries in Sold Production of Bakery Machinery Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 21.2 | 2023 | +4.33% | +1.41% | View data |
| 2 | 2 Italy | 18.76 | 2023 | +4.71% | +4.01% | View data |
| 3 | 3 Austria | 18.38 | 2023 | +3.01% | +3.06% | View data |
| 4 | 4 Germany | 16.52 | 2023 | -1.19% | -5.53% | View data |
| 5 | 5 Denmark | 8.36 | 2023 | +9.11% | +0.061% | View data |
| 6 | 6 Netherlands | 6.97 | 2023 | +6.73% | +0.68% | View data |
| 7 | 7 Belgium | 5.6 | 2023 | +22.87% | +6.99% | View data |
| 8 | 8 Spain | 5 | 2023 | +10.16% | +1.9% | View data |
| 9 | 9 United Kingdom | 3.22 | 2023 | -1.75% | +0.73% | View data |
| 10 | 10 Hungary | 2.15 | 2023 | +3.9% | +10.03% | View data |
