China: Confectionery-Making Industrial Machinery Market 2024

Confectionery-Making Industrial Machinery Market Size in China

The Chinese confectionery-making industrial machinery market declined modestly to $X.5B in 2022, falling by X% against the previous year. In general, consumption showed a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of X%. Confectionery-making industrial machinery consumption peaked at $X.7B in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Confectionery-Making Industrial Machinery Production in China

In value terms, confectionery-making industrial machinery production reduced slightly to $X.5B in 2022 estimated in export price. Overall, production saw a abrupt decrease. The pace of growth appeared the most rapid in 2021 when the production volume increased by X% against the previous year. Confectionery-making industrial machinery production peaked at $X.1B in 2012; however, from 2013 to 2022, production remained at a lower figure.

Confectionery-Making Industrial Machinery Exports

Exports from China

In 2022, overseas shipments of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate increased by X% to X units, rising for the fifth consecutive year after three years of decline. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, confectionery-making industrial machinery exports surged to $X in 2022. In general, exports posted a resilient expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

The United States (X units) was the main destination for confectionery-making industrial machinery exports from China, with a X% share of total exports. Moreover, confectionery-making industrial machinery exports to the United States exceeded the volume sent to the second major destination, India (X units), threefold. The third position in this ranking was held by Indonesia (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Indonesia (X% per year).

In value terms, the United States ($X) remains the key foreign market for industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate exports from China, comprising X% of total exports. The second position in the ranking was taken by India ($X), with a X% share of total exports. It was followed by Bangladesh, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Bangladesh (X% per year).

Export Prices by Country

In 2022, the average confectionery-making industrial machinery export price amounted to $X per unit, surging by X% against the previous year. Over the period under review, the export price, however, recorded a abrupt contraction. The export price peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Pakistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced a decline.

Confectionery-Making Industrial Machinery Imports

Imports into China

In 2022, confectionery-making industrial machinery imports into China fell markedly to X units, dropping by X% against the year before. Over the period under review, imports showed a abrupt decline. The growth pace was the most rapid in 2015 with an increase of X%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, confectionery-making industrial machinery imports declined dramatically to $X in 2022. In general, imports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

The Netherlands (X units), Italy (X units) and Germany (X units) were the main suppliers of confectionery-making industrial machinery imports to China, with a combined X% share of total imports. Switzerland, Spain, Japan, Denmark, the United States and the UK lagged somewhat behind, together comprising a further X%. Moreover, confectionery-making industrial machinery imports in the Netherlands exceeded the figures recorded by the second-largest supplier, Italy, twofold.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Italy ($X), the Netherlands ($X) and Germany ($X) appeared to be the largest confectionery-making industrial machinery suppliers to China, with a combined X% share of total imports. Switzerland, Spain, Japan, Denmark, the United States and the UK lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Switzerland, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average confectionery-making industrial machinery import price amounted to $X per unit, reducing by X% against the previous year. In general, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, confectionery-making industrial machinery import price decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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