Fruit-Preparation Industrial Machinery Market

The article discusses the growth and trends in the global market for industrial machinery used in fruit, nut, and vegetable preparation. Consumption, production, import, and export volumes and values are analyzed from 2012 to 2022, with projections up to 2030. The leading countries in terms of consumption, production, import, and export are identified, along with their growth rates. The average prices and price trends for imports and exports are also discussed. Overall, the market is expected to show steady growth in the coming years.

Market Forecast

Driven by increasing demand for industrial machinery for the preparation of fruits, nuts or vegetables worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +2.3% for the period from 2022 to 2030, which is projected to bring the market volume to 612K units by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +4.6% for the period from 2022 to 2030, which is projected to bring the market value to $15.7B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Industrial Machinery For The Preparation Of Fruits, Nuts Or Vegetables

In 2022, the amount of industrial machinery for the preparation of fruits, nuts or vegetables consumed worldwide amounted to 512K units, increasing by 6% against 2021. The total consumption volume increased at an average annual rate of +4.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, global consumption reached the peak volume in 2022 and is likely to see gradual growth in the near future.

The global fruit-preparation industrial machinery market revenue stood at $10.9B in 2022, increasing by 1.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -4.4% against 2019 indices. Global consumption peaked at $11.4B in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were China (91K units), France (57K units) and the United States (53K units), with a combined 39% share of global consumption. Italy, India, Japan, Russia, Brazil, Mexico and Turkey lagged somewhat behind, together accounting for a further 34%.

From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the leading consuming countries, was attained by Italy (with a CAGR of +18.8%), while consumption for the other global leaders experienced more modest paces of growth.

In value terms, the largest fruit-preparation industrial machinery markets worldwide were the United States ($2B), Japan ($1.9B) and India ($1.6B), together accounting for 50% of the global market. China, Italy, Mexico, Russia, Brazil, Turkey and France lagged somewhat behind, together comprising a further 29%.

Italy, with a CAGR of +17.2%, saw the highest rates of growth with regard to market size among the main consuming countries over the period under review, while market for the other global leaders experienced more modest paces of growth.

The countries with the highest levels of fruit-preparation industrial machinery per capita consumption in 2022 were France (840 units per million persons), Italy (809 units per million persons) and Japan (179 units per million persons).

From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the key consuming countries, was attained by Italy (with a CAGR of +18.9%), while consumption for the other global leaders experienced more modest paces of growth.

Production

World Production of Industrial Machinery For The Preparation Of Fruits, Nuts Or Vegetables

In 2022, approx. 519K units of industrial machinery for the preparation of fruits, nuts or vegetables were produced worldwide; picking up by 8.9% on the previous year. The total output volume increased at an average annual rate of +4.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when the production volume increased by 15%. Over the period under review, global production reached the maximum volume in 2022 and is expected to retain growth in the near future.

In value terms, fruit-preparation industrial machinery production stood at $10.9B in 2022 estimated in export price. In general, the total production indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +9.0% against 2020 indices. The growth pace was the most rapid in 2014 with an increase of 21% against the previous year. Over the period under review, global production reached the peak level at $11.7B in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Production By Country

The countries with the highest volumes of production in 2022 were China (104K units), France (57K units) and the United States (54K units), together comprising 41% of global production. Italy, India, Japan, Russia, Brazil, Mexico and Turkey lagged somewhat behind, together comprising a further 34%.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +15.8%), while production for the other global leaders experienced more modest paces of growth.

Imports

World Imports of Industrial Machinery For The Preparation Of Fruits, Nuts Or Vegetables

Global fruit-preparation industrial machinery imports dropped significantly to 36K units in 2022, falling by -15.7% on the year before. Overall, total imports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.8% against 2012 indices. The growth pace was the most rapid in 2021 with an increase of 38%. As a result, imports reached the peak of 42K units, and then reduced rapidly in the following year.

In value terms, fruit-preparation industrial machinery imports declined slightly to $691M in 2022. The total import value increased at an average annual rate of +4.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 17%. Global imports peaked at $732M in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports By Country

In 2022, China (4.4K units), followed by the United States (2.4K units), Qatar (2.2K units) and Russia (1.6K units) represented the major importers of industrial machinery for the preparation of fruits, nuts or vegetables, together mixing up 30% of total imports. The following importers - Indonesia (1,232 units), Algeria (1,100 units), Italy (1,057 units), Germany (984 units), the Netherlands (902 units), Spain (856 units), India (812 units), Belgium (807 units) and Canada (665 units) - together made up 24% of total imports.

From 2012 to 2022, the biggest increases were recorded for Qatar (with a CAGR of +28.3%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($77M) constitutes the largest market for imported industrial machinery for the preparation of fruits, nuts or vegetables worldwide, comprising 11% of global imports. The second position in the ranking was held by Russia ($36M), with a 5.3% share of global imports. It was followed by China, with a 5% share.

In the United States, fruit-preparation industrial machinery imports increased at an average annual rate of +3.6% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Russia (+3.6% per year) and China (+6.0% per year).

Import Prices By Country

The average fruit-preparation industrial machinery import price stood at $19,444 per unit in 2022, increasing by 14% against the previous year. In general, the import price, however, showed a mild descent. Over the period under review, average import prices hit record highs at $27,135 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($35,231 per unit), while Qatar ($850 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2.9%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Industrial Machinery For The Preparation Of Fruits, Nuts Or Vegetables

In 2022, shipments abroad of industrial machinery for the preparation of fruits, nuts or vegetables increased by 19% to 43K units, rising for the second consecutive year after two years of decline. In general, total exports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +7.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +45.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 22% against the previous year. Over the period under review, the global exports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, fruit-preparation industrial machinery exports amounted to $794M in 2022. The total export value increased at an average annual rate of +4.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 23%. As a result, the exports reached the peak of $863M. From 2019 to 2022, the growth of the global exports failed to regain momentum.

Exports By Country

China represented the major exporting country with an export of around 17K units, which finished at 40% of total exports. Italy (4.5K units) took an 11% share (based on physical terms) of total exports, which put it in second place, followed by the Netherlands (7.9%), the United States (7.6%) and Turkey (4.6%). Spain (1,591 units), Germany (1,070 units), Thailand (841 units), France (733 units) and Fiji (696 units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to fruit-preparation industrial machinery exports from China stood at +16.1%. At the same time, Fiji (+92.4%), Thailand (+54.3%), Turkey (+12.6%), the United States (+7.2%), the Netherlands (+4.7%), France (+4.6%), Spain (+3.8%), Germany (+3.3%) and Italy (+2.1%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing exporter exported in the world, with a CAGR of +92.4% from 2012-2022. While the share of China (+21 p.p.), Thailand (+1.9 p.p.), Turkey (+1.7 p.p.) and Fiji (+1.6 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Spain (-1.6 p.p.), the Netherlands (-2.4 p.p.) and Italy (-7.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest fruit-preparation industrial machinery supplying countries worldwide were Italy ($144M), the Netherlands ($126M) and the United States ($98M), together comprising 46% of global exports. China, Germany, Spain, Turkey, France, Thailand and Fiji lagged somewhat behind, together accounting for a further 27%.

Fiji, with a CAGR of +42.7%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices By Country

The average fruit-preparation industrial machinery export price stood at $18,667 per unit in 2022, shrinking by -14.8% against the previous year. In general, the export price continues to indicate a pronounced slump. The pace of growth was the most pronounced in 2013 an increase of 7.1%. Over the period under review, the average export prices attained the peak figure at $28,669 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($39,391 per unit), while Fiji ($39 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.3%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform