Australia: Gravimetric Filling Machine Market 2024

Gravimetric Filling Machine Market Size in Australia

The Australian gravimetric filling machine market skyrocketed to $X in 2022, picking up by 44% against the previous year. Over the period under review, consumption saw a significant increase. Gravimetric filling machine consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Gravimetric Filling Machine Production in Australia

In value terms, gravimetric filling machine production soared to $X in 2022 estimated in export price. Overall, production saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 2,118%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Gravimetric Filling Machine Exports

Exports from Australia

In 2022, overseas shipments of automatic gravimetric filling machines were finally on the rise to reach X units after two years of decline. Overall, exports, however, continue to indicate a deep setback. The growth pace was the most rapid in 2014 with an increase of 161% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, gravimetric filling machine exports skyrocketed to $X in 2022. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when exports increased by 265% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

New Zealand (X units), the United States (X units) and Papua New Guinea (X units) were the main destinations of gravimetric filling machine exports from Australia, with a combined 86% share of total exports. Chile, Singapore, the United Arab Emirates and Egypt lagged somewhat behind, together accounting for a further 10%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Chile (with a CAGR of +39.6%), while the other leaders experienced mixed trend patterns.

In value terms, the United States ($X), Chile ($X) and New Zealand ($X) appeared to be the largest markets for gravimetric filling machine exported from Australia worldwide, together comprising 72% of total exports.

In terms of the main countries of destination, Chile, with a CAGR of +71.6%, 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.

Export Prices by Country

In 2022, the average gravimetric filling machine export price amounted to $X per unit, growing by 54% against the previous year. In general, the export price posted a strong expansion. The pace of growth was the most pronounced in 2016 when the average export price increased by 620%. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat 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 Singapore ($X per unit), while the average price for exports to Egypt ($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 Chile (+23.0%), while the prices for the other major destinations experienced more modest paces of growth.

Gravimetric Filling Machine Imports

Imports into Australia

Gravimetric filling machine imports into Australia skyrocketed to X units in 2022, growing by 40% on the previous year's figure. In general, total imports indicated a measured expansion from 2012 to 2022: its volume increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.5% against 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of 42%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, gravimetric filling machine imports dropped sharply to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 110% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest gravimetric filling machine supplier to Australia, accounting for a 75% share of total imports. Moreover, gravimetric filling machine imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), more than tenfold. The UK (X units) ranked third in terms of total imports with a 5.9% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +31.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-8.5% per year) and the UK (+8.4% per year).

In value terms, Japan ($X), Germany ($X) and China ($X) appeared to be the largest gravimetric filling machine suppliers to Australia, together accounting for 68% of total imports.

China, with a CAGR of +15.2%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average gravimetric filling machine import price amounted to $X per unit, reducing by -51.1% against the previous year. Over the period under review, the import price continues to indicate a pronounced decline. The growth pace was the most rapid in 2021 when the average import price increased by 83% against the previous year. As a result, import price attained the peak level of $X per unit, and then contracted dramatically in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Canada ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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