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Germany - Machinery For Packing Or Wrapping - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

Germany - Machinery For Packing Or Wrapping - Market Analysis, Forecast, Size, Trends And Insights

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Feb 7, 2023

Germany's Machinery for Packing Price Falls Markedly to $1,487 per Unit

Germany Machinery For Packing Export Price in October 2022

In October 2022, the machinery for packing price stood at $1,487 per unit (FOB, Germany), dropping by -6% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in June 2022 an increase of 12% m-o-m. Over the period under review, the average export prices reached the maximum at $1,662 per unit in July 2022; afterwards, it flattened through to October 2022.

There were significant differences in the average prices for the major external markets. In October 2022, the country with the highest price was Finland ($2,090 per unit), while the average price for exports to Spain ($547 per unit) was amongst the lowest.

From January 2022 to October 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.

Germany Machinery For Packing Exports

In October 2022, overseas shipments of machinery for packing or wrapping decreased by -26.3% to 72K units for the first time since July 2022, thus ending a two-month rising trend. Over the period under review, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in March 2022 when exports increased by 25% month-to-month. Over the period under review, the exports reached the maximum at 117K units in May 2022; afterwards, it flattened through to October 2022.

In value terms, machinery for packing exports dropped dramatically to $107M (IndexBox estimates) in October 2022. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2022 when exports increased by 21% m-o-m. The exports peaked at 161M units in June 2022; however, from July 2022 to October 2022, the exports stood at a somewhat lower figure.

Germany Machinery For Packing Exports by Country

The United States (12K units), France (8K units) and Canada (4.1K units) were the main destinations of machinery for packing exports from Germany, together accounting for 34% of total exports.

From January 2022 to October 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (with a CAGR of +35.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for machinery for packing exported from Germany were the United States ($18M), France ($14M) and Canada ($7.8M), together comprising 38% of total exports.

Among the main countries of destination, Canada, with a CAGR of +45.9%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Machinery For Packing Market Overview

The machinery for the packing or wrapping market comprises machines used for packing or wrapping various products such as food, beverages, pharmaceuticals, cosmetics, and others. These machines are used to pack or wrap products in order to protect them from damage during transportation and storage. There are various types of packing or wrapping machines available in the market, such as horizontal flow wrappers, vertical form fill sealers, tray sealers, stretch wrappers, and others.

The major factors driving the growth of the market are the growing demand for processed and packaged food and the increasing preference for ready-to-eat food products. Processed food items are easy to store and transport as compared to unprocessed ones, which has resulted in their increased popularity among consumers. Moreover, packaged food items have a longer shelf life than unpackaged ones, which is another factor fuelling the growth of this market. Moreover, the rising trend of e-commerce and online shopping is also expected to boost the growth of the market.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the machinery for packing market in Germany. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28292180 - Machinery for packing or wrapping (excluding for filling, c losing, sealing, capsuling or labelling bottles, cans, boxes, b ags or other containers)

Country coverage:

  • Germany

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Germany
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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