Austria: Gravimetric Filling Machine Market 2024

Gravimetric Filling Machine Market Size in Austria

The Austrian gravimetric filling machine market surged to $X in 2022, jumping by 46% against the previous year. Over the period under review, consumption showed significant growth. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Gravimetric Filling Machine Production in Austria

In value terms, gravimetric filling machine production skyrocketed to $X in 2022 estimated in export price. Overall, production posted a prominent expansion. The pace of growth was the most pronounced in 2018 when the production volume increased by 160% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Gravimetric Filling Machine Exports

Exports from Austria

In 2022, gravimetric filling machine exports from Austria skyrocketed to X units, increasing by 16% on the previous year. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by 80%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, gravimetric filling machine exports soared to $X in 2022. In general, exports, however, recorded a slight reduction. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X units) was the main destination for gravimetric filling machine exports from Austria, with a 37% share of total exports. Moreover, gravimetric filling machine exports to Germany exceeded the volume sent to the second major destination, France (X units), twofold. The third position in this ranking was taken by Russia (X units), with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at +3.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+22.2% per year) and Russia (+9.9% per year).

In value terms, Germany ($X), France ($X) and Russia ($X) appeared to be the largest markets for gravimetric filling machine exported from Austria worldwide, together comprising 57% of total exports. Poland, the United States, Spain, the UK, Bosnia and Herzegovina, Slovakia and South Korea lagged somewhat behind, together accounting for a further 26%.

In terms of the main countries of destination, Bosnia and Herzegovina, with a CAGR of +148.0%, saw the highest rates of growth with regard to 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, rising by 37% against the previous year. Over the period under review, the export price, however, recorded a mild decrease. The growth pace was the most rapid in 2013 an increase of 54%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per unit), while the average price for exports to Slovakia ($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 Bosnia and Herzegovina (+88.0%), while the prices for the other major destinations experienced more modest paces of growth.

Gravimetric Filling Machine Imports

Imports into Austria

In 2022, approx. X units of automatic gravimetric filling machines were imported into Austria; increasing by 50% against 2021 figures. Over the period under review, imports continue to indicate a strong increase. The pace of growth was the most pronounced in 2018 with an increase of 63%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, gravimetric filling machine imports skyrocketed to $X in 2022. Overall, imports saw a pronounced expansion. The growth pace was the most rapid in 2014 with an increase of 66% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of gravimetric filling machine to Austria, accounting for a 73% share of total imports. Moreover, gravimetric filling machine imports from Germany exceeded the figures recorded by the second-largest supplier, Denmark (X units), ninefold. Switzerland (X units) ranked third in terms of total imports with a 7.8% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled +6.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+43.5% per year) and Switzerland (+16.2% per year).

In value terms, Germany ($X) constituted the largest supplier of automatic gravimetric filling machines to Austria, comprising 71% of total imports. The second position in the ranking was held by Switzerland ($X), with a 13% share of total imports. It was followed by Denmark, with an 8.8% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled +2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+17.0% per year) and Denmark (+33.5% per year).

Import Prices by Country

In 2022, the average gravimetric filling machine import price amounted to $X per unit, growing by 8.6% against the previous year. In general, the import price, however, continues to indicate a noticeable contraction. The growth pace was the most rapid in 2013 an increase of 84% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 Switzerland ($X per unit), while the price for Belgium ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+0.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :