Canada: Gravimetric Filling Machine Market 2024

Gravimetric Filling Machine Market Size in Canada

The Canadian gravimetric filling machine market expanded slightly to $X in 2022, surging by 2.3% 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). Over the period under review, consumption, however, enjoyed a resilient expansion. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in the near future.

Gravimetric Filling Machine Exports

Exports from Canada

In 2022, overseas shipments of automatic gravimetric filling machines increased by 31% to X units, rising for the second year in a row after three years of decline. In general, exports recorded a relatively flat trend pattern. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, gravimetric filling machine exports surged to $X in 2022. The total export value increased at an average annual rate of +1.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when exports increased by 25%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for gravimetric filling machine exports from Canada, with a 93% share of total exports. It was followed by Colombia (X units), with a 1.6% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (+10.3% per year) and United States Minor Outlying Islands (0.0% per year).

In value terms, the United States ($X) remains the key foreign market for automatic gravimetric filling machines exports from Canada, comprising 94% of total exports. The second position in the ranking was taken by United States Minor Outlying Islands ($X), with a 1.7% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to +1.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: United States Minor Outlying Islands (0.0% per year) and Colombia (+9.9% per year).

Export Prices by Country

In 2022, the average gravimetric filling machine export price amounted to $X per unit, declining by -12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The growth pace was the most rapid in 2018 an increase of 33% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was United States Minor Outlying Islands ($X per unit), while the average price for exports to Colombia ($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 the United States (+1.2%).

Gravimetric Filling Machine Imports

Imports into Canada

In 2022, overseas purchases of automatic gravimetric filling machines decreased by -10.8% to X units for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when imports increased by 36% against the previous year. Imports peaked at X units in 2021, and then reduced in the following year.

In value terms, gravimetric filling machine imports expanded significantly to $X in 2022. Over the period under review, imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of 35%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Japan (X units) constituted the largest gravimetric filling machine supplier to Canada, accounting for a 45% share of total imports. Moreover, gravimetric filling machine imports from Japan exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. The third position in this ranking was taken by the United States (X units), with a 15% share.

From 2012 to 2022, the average annual growth rate of volume from Japan amounted to +15.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+8.5% per year) and the United States (+3.8% per year).

In value terms, Japan ($X) constituted the largest supplier of automatic gravimetric filling machines to Canada, comprising 40% of total imports. The second position in the ranking was taken by the United States ($X), with an 18% share of total imports. It was followed by Germany, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Japan stood at +21.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+6.7% per year) and Germany (+6.7% per year).

Import Prices by Country

In 2022, the average gravimetric filling machine import price amounted to $X per unit, with an increase of 23% against the previous year. Over the last decade, it increased at an average annual rate of +5.0%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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