Australia: Filling Containers Machinery Market 2024

Filling Containers Machinery Market Size in Australia

The Australian filling containers machinery market skyrocketed to $X in 2021, jumping by 77% 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 perceptible downturn. Filling containers machinery consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Filling Containers Machinery Exports

Exports from Australia

In 2021, shipments abroad of machinery for filling, closing, sealing, capsuling or labelling containers decreased by -14% to X units, falling for the third year in a row after two years of growth. Over the period under review, exports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2017 with an increase of 29%. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, filling containers machinery exports rose remarkably to $X in 2021. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when exports increased by 48%. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

New Zealand (X units), the United States (X units) and China (X units) were the main destinations of filling containers machinery exports from Australia, with a combined 77% share of total exports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +25.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for filling containers machinery exported from Australia were Mexico ($X), the United States ($X) and New Zealand ($X), together accounting for 54% of total exports. The UK, China, Singapore and Spain lagged somewhat behind, together accounting for a further 15%.

Spain, with a CAGR of +64.2%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average filling containers machinery export price stood at $X per unit in 2021, surging by 24% against the previous year. In general, the export price enjoyed a prominent increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 40%. Over the period under review, the average export prices hit record highs in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Mexico ($X per unit), while the average price for exports to New Zealand ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+36.1%), while the prices for the other major destinations experienced more modest paces of growth.

Filling Containers Machinery Imports

Imports into Australia

In 2021, the amount of machinery for filling, closing, sealing, capsuling or labelling containers imported into Australia soared to X units, growing by 67% compared with the year before. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2014 when imports increased by 68%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, filling containers machinery imports soared to $X in 2021. In general, total imports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Italy (X units) constituted the largest supplier of filling containers machinery to Australia, with a 33% share of total imports. Moreover, filling containers machinery imports from Italy exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The third position in this ranking was held by the United States (X units), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy amounted to +27.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+49.5% per year) and the United States (+23.4% per year).

In value terms, the largest filling containers machinery suppliers to Australia were Germany ($X), Italy ($X) and China ($X), with a combined 50% share of total imports.

Among the main suppliers, China, with a CAGR of +18.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average filling containers machinery import price amounted to $X per unit, reducing by -22.8% against the previous year. Over the period under review, the import price showed a abrupt decrease. The pace of growth was the most pronounced in 2018 when the average import price increased by 8.1% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (-12.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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