Beverage Manufacturing Press Market

The article discusses the current trends in the global market for beverage manufacturing presses, projecting an increase in market volume and value over the next decade. It covers consumption, production, imports, and exports, highlighting key countries leading in these areas. The analysis provides insights into the growth rates, trends, and fluctuations in the market, along with per capita consumption rates in various countries.

Market Forecast

Driven by rising demand for beverage manufacturing press worldwide, the market is expected to start an upward consumption trend over the next eight years. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +1.4% for the period from 2022 to 2030, which is projected to bring the market volume to 234K tons by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +2.9% for the period from 2022 to 2030, which is projected to bring the market value to $5.2B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Presses And Crushers For Beverages Manufacturing

In 2022, consumption of presses and crushers for beverages manufacturing was finally on the rise to reach 210K tons after two years of decline. Over the period under review, consumption, however, continues to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2019 when the consumption volume increased by 5.4%. Over the period under review, global consumption reached the maximum volume at 269K tons in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

The global beverage manufacturing press market value totaled $4.1B in 2022, rising by 4.8% 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). In general, consumption, however, showed a noticeable reduction. Over the period under review, the global market hit record highs at $5.4B in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were China (56K tons), the United States (30K tons) and India (23K tons), together accounting for 52% of global consumption. Japan, Germany, Brazil, Indonesia, the UK, Turkey, South Korea, Bulgaria and Canada lagged somewhat behind, together comprising a further 26%.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of +7.0%), while consumption for the other global leaders experienced mixed trends in the consumption figures.

In value terms, the largest beverage manufacturing press markets worldwide were China ($962M), the United States ($842M) and India ($599M), with a combined 58% share of the global market. Japan, Brazil, Canada, South Korea, the UK, Turkey, Indonesia, Germany and Bulgaria lagged somewhat behind, together accounting for a further 21%.

Among the main consuming countries, Bulgaria, with a CAGR of +6.7%, saw the highest rates of growth with regard to market size over the period under review, while market for the other global leaders experienced mixed trends in the market figures.

In 2022, the highest levels of beverage manufacturing press per capita consumption was registered in Bulgaria (560 kg per 1000 persons), followed by Germany (91 kg per 1000 persons), the United States (90 kg per 1000 persons) and the UK (90 kg per 1000 persons), while the world average per capita consumption of beverage manufacturing press was estimated at 27 kg per 1000 persons.

In Bulgaria, beverage manufacturing press per capita consumption increased at an average annual rate of +7.8% over the period from 2012-2022. The remaining consuming countries recorded the following average annual rates of per capita consumption growth: Germany (-4.2% per year) and the United States (-1.8% per year).

Production

World Production of Presses And Crushers For Beverages Manufacturing

In 2022, production of presses and crushers for beverages manufacturing increased by 4% to 213K tons for the first time since 2019, thus ending a two-year declining trend. Overall, production, however, recorded a perceptible setback. The most prominent rate of growth was recorded in 2019 with an increase of 5.9%. Over the period under review, global production hit record highs at 269K tons in 2012; however, from 2013 to 2022, production remained at a lower figure.

In value terms, beverage manufacturing press production rose remarkably to $4.2B in 2022 estimated in export price. In general, production, however, recorded a pronounced slump. Global production peaked at $5.3B in 2012; however, from 2013 to 2022, production remained at a lower figure.

Production By Country

China (61K tons) remains the largest beverage manufacturing press producing country worldwide, accounting for 29% of total volume. Moreover, beverage manufacturing press production in China exceeded the figures recorded by the second-largest producer, the United States (29K tons), twofold. The third position in this ranking was taken by India (23K tons), with an 11% share.

In China, beverage manufacturing press production remained relatively stable over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: the United States (-1.4% per year) and India (+0.3% per year).

Imports

World Imports of Presses And Crushers For Beverages Manufacturing

In 2022, supplies from abroad of presses and crushers for beverages manufacturing decreased by -13.4% to 17K tons, falling for the second year in a row after four years of growth. In general, total imports indicated a slight expansion from 2012 to 2022: its volume increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -40.5% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of 31% against the previous year. Over the period under review, global imports hit record highs at 28K tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, beverage manufacturing press imports shrank to $271M in 2022. The total import value increased at an average annual rate of +1.9% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when imports increased by 23%. Global imports peaked at $316M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports By Country

In 2022, the United States (1.7K tons), followed by France (1.1K tons) and Romania (1K tons) were the main importers of presses and crushers for beverages manufacturing, together constituting 23% of total imports. The following importers - Spain (586 tons), Italy (572 tons), Mozambique (554 tons), the UK (526 tons), Germany (508 tons), Georgia (480 tons), Turkey (460 tons), Australia (448 tons), Indonesia (411 tons) and Canada (381 tons) - together made up 30% of total imports.

From 2012 to 2022, the biggest increases were recorded for Mozambique (with a CAGR of +44.2%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest beverage manufacturing press importing markets worldwide were the United States ($33M), France ($19M) and Italy ($11M), with a combined 23% share of global imports. Romania, Spain, Canada, Australia, Turkey, the UK, Germany, Georgia, Indonesia and Mozambique lagged somewhat behind, together accounting for a further 27%.

In terms of the main importing countries, Mozambique, with a CAGR of +34.5%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices By Country

The average beverage manufacturing press import price stood at $16,297 per ton in 2022, increasing by 6.3% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 51%. Global import price peaked at $17,237 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Canada ($24,481 per ton), while Mozambique ($2,611 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+4.6%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Presses And Crushers For Beverages Manufacturing

Global beverage manufacturing press exports was estimated at 20K tons in 2022, increasing by 4.9% compared with the previous year's figure. The total export volume increased at an average annual rate of +3.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2019 when exports increased by 13%. The global exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, beverage manufacturing press exports rose notably to $340M in 2022. The total export value increased at an average annual rate of +1.9% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2017 with an increase of 15% against the previous year. Over the period under review, the global exports reached the maximum at $350M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports By Country

China (5K tons) and Italy (4K tons) represented roughly 44% of total exports in 2022. France (1.5K tons) took the next position in the ranking, followed by Spain (1.4K tons), Germany (1.3K tons) and Bulgaria (1.1K tons). All these countries together took approx. 26% share of total exports. The United States (665 tons), Slovenia (612 tons), Indonesia (493 tons), Austria (489 tons), Switzerland (430 tons), Ireland (389 tons) and Poland (362 tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of +42.2%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest beverage manufacturing press supplying countries worldwide were Italy ($70M), China ($44M) and France ($42M), together comprising 46% of global exports. Spain, Germany, the United States, Austria, Switzerland, Slovenia, Bulgaria, Ireland, Poland and Indonesia lagged somewhat behind, together comprising a further 43%.

Among the main exporting countries, Ireland, with a CAGR of +23.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices By Country

In 2022, the average beverage manufacturing press export price amounted to $16,877 per ton, remaining stable against the previous year. Overall, the export price, however, showed a mild descent. The growth pace was the most rapid in 2017 when the average export price increased by 5.4%. Over the period under review, the average export prices attained the peak figure at $21,333 per ton 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 Austria ($34,053 per ton), while Indonesia ($1,147 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+3.3%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform