Benelux: Gravimetric Filling Machine Market 2024

Gravimetric Filling Machine Market Size in Benelux

In 2022, after two years of growth, there was significant decline in the Benelux gravimetric filling machine market, when its value decreased by -19.3% to $X. In general, consumption, however, showed a buoyant increase. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Gravimetric Filling Machine Production in Benelux

In value terms, gravimetric filling machine production skyrocketed to $X in 2022 estimated in export price. Overall, production, however, recorded a abrupt downturn. The growth pace was the most rapid in 2016 when the production volume increased by 567%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Gravimetric Filling Machine Exports

Exports in Benelux

In 2022, the amount of automatic gravimetric filling machines exported in Benelux skyrocketed to X units, with an increase of 46% compared with 2021 figures. Overall, exports saw a resilient increase. The most prominent rate of growth was recorded in 2015 when exports increased by 266% against the previous year. The volume of export peaked at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, gravimetric filling machine exports soared to $X in 2022. Over the period under review, exports recorded noticeable growth. The most prominent rate of growth was recorded in 2021 when exports increased by 78% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

In 2022, the Netherlands (X units) was the main exporter of automatic gravimetric filling machines, committing 85% of total exports. It was distantly followed by Belgium (X units), committing a 15% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to gravimetric filling machine exports from the Netherlands stood at +7.5%. At the same time, Belgium (+22.2%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in Benelux, with a CAGR of +22.2% from 2012-2022. From 2012 to 2022, the share of Belgium increased by +10 percentage points.

In value terms, the Netherlands ($X) remains the largest gravimetric filling machine supplier in Benelux, comprising 81% of total exports. The second position in the ranking was taken by Belgium ($X), with a 19% share of total exports.

In the Netherlands, gravimetric filling machine exports increased at an average annual rate of +4.7% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per unit, with an increase of 3.2% against the previous year. Over the period under review, the export price, however, recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2014 when the export price increased by 471%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the Netherlands amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-2.6%).

Gravimetric Filling Machine Imports

Imports in Benelux

In 2022, purchases abroad of automatic gravimetric filling machines decreased by -15.6% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, saw significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 294% against the previous year. As a result, imports reached the peak of X units, and then dropped rapidly in the following year.

In value terms, gravimetric filling machine imports shrank modestly to $X in 2022. Over the period under review, imports, however, continue to indicate a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of 419% against the previous year. As a result, imports attained the peak of $X, and then reduced in the following year.

Imports by Country

The Netherlands represented the key importer of automatic gravimetric filling machines in Benelux, with the volume of imports resulting at X units, which was near 80% of total imports in 2022. It was distantly followed by Belgium (X units), committing a 17% share of total imports. Luxembourg (X units) held a little share of total imports.

The Netherlands was also the fastest-growing in terms of the automatic gravimetric filling machines imports, with a CAGR of +29.5% from 2012 to 2022. At the same time, Belgium (+18.4%) displayed positive paces of growth. By contrast, Luxembourg (-1.4%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Netherlands increased by +30 percentage points.

In value terms, the Netherlands ($X) constitutes the largest market for imported automatic gravimetric filling machines in Benelux, comprising 90% of total imports. The second position in the ranking was taken by Belgium ($X), with a 10% share of total imports.

In the Netherlands, gravimetric filling machine imports expanded at an average annual rate of +24.4% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Belgium (+0.8% per year) and Luxembourg (-3.6% per year).

Import Prices by Country

The import price in Benelux stood at $X per unit in 2022, rising by 16% against the previous year. Over the period under review, the import price, however, continues to indicate a deep setback. The growth pace was the most rapid in 2016 when the import price increased by 95%. Over the period under review, import prices attained the maximum at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (-2.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform