The European export of machinery for food, beverage, and tobacco processing is dominated by the United Kingdom, holding a substantial share. However, recent data from 2023 indicates a notable decline of 15.66% year-on-year. Denmark and Italy have shown significant growth, with Italy experiencing the highest year-on-year growth at 61.05%. A negative trend was observed in Poland, Austria, and the Netherlands, indicating potential competitive challenges or market shifts. Finland marks an exceptional increase in its share by 148.21%, albeit from a small base.
Future trends to watch in 2024 include a continued reshuffling of shares, likely driven by technological advancements and geographical market expansions. The growth of smaller players like Lithuania and Greece suggests potential for increased competition. Notably, the impact of Brexit on the UK's trade dynamics will remain a critical factor influencing Europe's machinery export landscape.
Top countries in Export of Machinery for Food, Beverage and Tobacco Processing Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 97.2 | 2023 | -0.49% | -15.66% | View data |
| 2 | 2 Denmark | 6.85 | 2023 | +14.82% | +20.47% | View data |
| 3 | 3 Italy | 3.54 | 2023 | +7.38% | +61.05% | View data |
| 4 | 4 Spain | 1.47 | 2023 | -3.02% | +23.42% | View data |
| 5 | 5 Germany | 0.83 | 2023 | +8.99% | +5.35% | View data |
| 6 | 6 Poland | 0.42 | 2023 | -2.35% | -8.67% | View data |
| 7 | 7 Austria | 0.37 | 2023 | +3.07% | -4.4% | View data |
| 8 | 8 France | 0.2 | 2023 | +19.28% | -3.17% | View data |
| 9 | 9 Netherlands | 0.18 | 2023 | -3.66% | -7.6% | View data |
| 10 | 10 Lithuania | 0.12 | 2023 | +6.77% | +30.86% | View data |
