Belgium: Gravimetric Filling Machine Market 2024

Gravimetric Filling Machine Market Size in Belgium

After two years of growth, the Belgian gravimetric filling machine market decreased by -15% to $X in 2022. Over the period under review, consumption, however, posted a prominent expansion. Over the period under review, the market reached the peak level at $X in 2021, and then dropped significantly in the following year.

Gravimetric Filling Machine Production in Belgium

In value terms, gravimetric filling machine production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, saw a abrupt contraction. Gravimetric filling machine production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Gravimetric Filling Machine Exports

Exports from Belgium

In 2022, the amount of automatic gravimetric filling machines exported from Belgium skyrocketed to X units, increasing by 25% on the year before. Overall, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2017 when exports increased by 968%. Over the period under review, the exports reached the peak figure at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, gravimetric filling machine exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed moderate growth. The pace of growth was the most pronounced in 2017 with an increase of 235%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

France (X units) was the main destination for gravimetric filling machine exports from Belgium, with a 59% share of total exports. Moreover, gravimetric filling machine exports to France exceeded the volume sent to the second major destination, Italy (X units), fourfold. The United States (X units) ranked third in terms of total exports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to France totaled +46.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+125.0% per year) and the United States (+72.9% per year).

In value terms, France ($X) remains the key foreign market for automatic gravimetric filling machines exports from Belgium, comprising 37% of total exports. The second position in the ranking was held by the United States ($X), with a 16% share of total exports. It was followed by Italy, with a 9.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France amounted to +5.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+47.4% per year) and Italy (+108.2% per year).

Export Prices by Country

The average gravimetric filling machine export price stood at $X per unit in 2022, which is down by -7.1% against the previous year. In general, the export price faced a abrupt curtailment. The pace of growth appeared the most rapid in 2013 when the average export price increased by 126%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Luxembourg ($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 Finland (+64.5%), while the prices for the other major destinations experienced a decline.

Gravimetric Filling Machine Imports

Imports into Belgium

In 2022, after two years of growth, there was significant decline in purchases abroad of automatic gravimetric filling machines, when their volume decreased by -9.7% to X units. In general, imports, however, continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2016 when imports increased by 215% against the previous year. Over the period under review, imports attained the peak figure at X units in 2021, and then reduced in the following year.

In value terms, gravimetric filling machine imports declined to $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 117% against the previous year. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

Japan (X units), the Netherlands (X units) and China (X units) were the main suppliers of gravimetric filling machine imports to Belgium, with a combined 76% share of total imports. Poland, Spain, Germany and Sweden lagged somewhat behind, together accounting for a further 19%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +688.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Germany ($X) and Spain ($X) appeared to be the largest gravimetric filling machine suppliers to Belgium, with a combined 71% share of total imports.

Spain, with a CAGR of +3,737.7%, 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 more modest paces of growth.

Import Prices by Country

In 2022, the average gravimetric filling machine import price amounted to $X per unit, approximately equating the previous year. Overall, the import price, however, continues to indicate a drastic downturn. The growth pace was the most rapid in 2013 when the average import price increased by 202% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+386.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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