U.S.: Confectionery-Making Industrial Machinery Market 2024

Confectionery-Making Industrial Machinery Market Size in the U.S.

The U.S. confectionery-making industrial machinery market fell to $X.2B in 2022, with a decrease of X% against the previous year. In general, consumption saw a deep setback. Over the period under review, the market attained the peak level at $X.7B in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Confectionery-Making Industrial Machinery Production in the U.S.

In value terms, confectionery-making industrial machinery production shrank to $X.4B in 2022. Over the period under review, production continues to indicate a abrupt contraction. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X.2B. From 2017 to 2022, production growth remained at a lower figure.

Confectionery-Making Industrial Machinery Exports

Exports from the U.S.

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 fourth consecutive year after three years of decline. Over the period under review, exports showed a remarkable increase. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, confectionery-making industrial machinery exports skyrocketed to $X in 2022. Overall, total exports indicated a notable expansion from 2012 to 2022: its value 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, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Mexico (X units), Canada (X units) and Brazil (X units) were the main destinations of confectionery-making industrial machinery exports from the United States, with a combined X% share of total exports. Kazakhstan, Democratic Republic of the Congo, the UK, Saint Vincent and the Grenadines, Israel, the Netherlands, Papua New Guinea, Germany, Vietnam and China lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Saint Vincent and the Grenadines (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for confectionery-making industrial machinery exported from the United States were Mexico ($X), Canada ($X) and Brazil ($X), with a combined X% share of total exports. The UK, the Netherlands, Germany, Israel, Kazakhstan, Vietnam, Papua New Guinea, China, Democratic Republic of the Congo and Saint Vincent and the Grenadines lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Israel, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average confectionery-making industrial machinery export price stood at $X per unit in 2022, declining by X% against the previous year. In general, the export price saw a perceptible curtailment. The pace of growth appeared the most rapid in 2021 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($X per unit), while the average price for exports to Saint Vincent and the Grenadines ($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 Israel (X%), while the prices for the other major destinations experienced mixed trend patterns.

Confectionery-Making Industrial Machinery Imports

Imports into the U.S.

In 2022, confectionery-making industrial machinery imports into the United States soared to X units, increasing by X% against 2021 figures. Overall, imports posted significant growth. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, confectionery-making industrial machinery imports expanded markedly to $X in 2022. In general, imports enjoyed a strong expansion. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.

Imports by Country

The Netherlands (X units), Egypt (X units) and Germany (X units) were the main suppliers of confectionery-making industrial machinery imports to the United States, together accounting for X% of total imports.

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

In value terms, Germany ($X), the Netherlands ($X) and Italy ($X) constituted the largest confectionery-making industrial machinery suppliers to the United States, with a combined X% share of total imports. China, Denmark, Switzerland, the UK, Belgium, Australia and Egypt lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, China, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average confectionery-making industrial machinery import price stood at $X per unit in 2022, dropping by X% against the previous year. In general, the import price continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for Egypt ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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