drinktec 2022 focus on sustainability, water management and digitalization
Published on : Monday 02-05-2022
The global demand for machinery and equipment for the production, filling and packaging of beverages and liquid food is back on track for growth despite difficult business conditions.
Frankfurt, May 2022 – In the forefront of drinktec, which will be held in Munich from 12 to 16 September 2022, the German Engineering Federation (VDMA) is optimistic about the prospects for the international supplier industry. The VDMA represents the largest group of exhibitors at drinktec and is a supporting partner of the organizer Messe München in market-relevant matters.
After a decline in the global trade volume of food processing and packaging machinery in 2020 by about 5 percent to 47 billion USD as a result of the Corona pandemic, the international foreign trade increased again significantly in 2021 and will rise by 8 percent to a value of 51 billion USD, based on preliminary data.
According to VDMA estimates, around one third of global trade was supplied to the beverage and liquid food industry. Added to this are machines and components statistically assigned to other sectors, such as stretch blow molders for PET bottles, heat exchangers, pumps, logistics solutions, or automation components. The total investments of the beverage and liquid food industry are likely to be much higher, because the total demand also includes the machines procured in the respective local market.
With an average export ratio of 84 percent and a share of the global trade volume of 21 percent in 2021, German companies in the food and packaging machinery sector lead the field, 45 percent of the food processing and packaging machinery traded worldwide is supplied to European countries, 32 percent of which to the European Union. The second most important sales region is Asia with a share of 20 percent. This is followed by North America with 16 percent, Latin America with 7 percent, Africa with 6 percent, the Middle East with 4 percent and Australia/Oceania with 2 percent.
As in previous years, the list of the top 10 sales markets in 2020 was headed by the USA, followed by Germany, China, France, Russia, the UK, Canada, the Netherlands, Poland and Spain. Increasingly strong demand impulses also came from Indonesia, the Republic of Korea, India, Vietnam and Thailand, to name just a few. The list is significantly longer and includes over 100 countries.
Visitors from all continents are expected at drinktec, as the world's leading trade show is the most important international platform with the highest density of experts. It is both a stage and a pacemaker for innovations, trends and future topics.