In 2023, Italy dominated the European sold production of dairy machinery with a 29.18% share, followed by Poland at 14.08%, and France at 11.05%. Noteworthy gains were observed in the Netherlands with a 38.3% increase and Portugal at 41.26%. Conversely, the United Kingdom and Lithuania experienced significant declines. Over a five-year period, Italy's market remained strong, while other countries like Greece and Hungary displayed robust growth. Despite some countries facing declines, Germany and Denmark maintained relatively stable market positions.
Future trends to watch include potential growth in emerging markets like Greece and Portugal, spurred by technological advancements and government initiatives. Additionally, watch for the impact of increasing demand for sustainable and efficient dairy machinery, which could influence production dynamics across Europe.
Top countries in Sold Production of Dairy Machinery Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 29.18 | 2023 | -0.55% | +4.17% | View data |
| 2 | 2 Poland | 14.08 | 2023 | -1.42% | -2.74% | View data |
| 3 | 3 France | 11.05 | 2023 | +3.12% | -12.2% | View data |
| 4 | 4 Greece | 9.09 | 2023 | +12.07% | +20.28% | View data |
| 5 | 5 Serbia | 6.53 | 2023 | +2.92% | -9.73% | View data |
| 6 | 6 Bulgaria | 5.96 | 2023 | +1.63% | -1.37% | View data |
| 7 | 7 Netherlands | 5.5 | 2023 | +8.35% | +38.3% | View data |
| 8 | 8 Spain | 4.1 | 2023 | +0.88% | -9.53% | View data |
| 9 | 9 Hungary | 2.56 | 2023 | +4.63% | +9.87% | View data |
| 10 | 10 Denmark | 2.27 | 2023 | +6.44% | +4.22% | View data |
