Food processing machines and machinery industry 2008 - 2022
Food processing machines performing on average compared with machinery industry in terms of production and sales
Production and sales of food processing machinery are compared with the German machinery industryfrom the pre-crisis year 2008 to 2022. This shows the extent to which this sector has outperformed, underperformed or even developed like the machinery industry itself. The year 2008 serves as a common starting point and is set equal to 100.
Update June 20th, 2023 - The production of food processing machinery is treading water in the fourteen years from 2008 to 2022, with average annual growth of 0.1%.
The sector shares this development with machinery industry, which is stagnating or shrinking slightly by -0.6% per year over the same period.
The production of food processing machinery is therefore developing at an average rate compared with machinery industry.
Sales of food processing machines growing slightly more strongly than those of machinery industry
While sales in machinery industry grow by 1.2% per year from 2008 to 2022, sales of food processing machinery show a slightly higher growth rate at 1.8% per year.
In terms of sales, food processing machinery can only be said to have performed slightly better than the machinery industry.
Foreign sales of food processing machinery rise slightly faster than those of the machinery industry
Foreign sales of food processing machinery also grow only slightly faster at 2.6% p.a. than machinery industry from 2008 to 2022, while foreign sales of machinery grow at 2.1% per year.
Domestic sales of food processing machinery are stagnating at +0.1% p.a. over the fourteen years from 2008 to 2022, as do those of machinery industry at -0.1% per year.