Eastern Europe: Gravimetric Filling Machine Market 2024

Gravimetric Filling Machine Market Size in Eastern Europe

The East European gravimetric filling machine market surged to $X in 2022, with an increase of 19% against the previous year. Over the period under review, consumption showed a resilient expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Gravimetric Filling Machine Production in Eastern Europe

In value terms, gravimetric filling machine production surged to $X in 2022 estimated in export price. In general, production showed significant growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by 346%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Gravimetric Filling Machine Exports

Exports in Eastern Europe

In 2022, the amount of automatic gravimetric filling machines exported in Eastern Europe surged to X units, rising by 87% on 2021 figures. Overall, exports showed a prominent expansion. The pace of growth was the most pronounced in 2020 when exports increased by 277% against the previous year. The volume of export peaked at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, gravimetric filling machine exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 103% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Poland was the main exporter of automatic gravimetric filling machines in Eastern Europe, with the volume of exports accounting for X units, which was near 50% of total exports in 2022. It was distantly followed by the Czech Republic (X units), Slovakia (X units) and Hungary (X units), together mixing up a 27% share of total exports. Lithuania (X units), Russia (X units), Bulgaria (X units), Ukraine (X units), Romania (X units) and Belarus (X units) followed a long way behind the leaders.

Exports from Poland increased at an average annual rate of +23.4% from 2012 to 2022. At the same time, Slovakia (+73.3%), Hungary (+45.5%), Belarus (+27.3%), Romania (+24.7%), Bulgaria (+20.8%) and Russia (+5.5%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +73.3% from 2012-2022. By contrast, the Czech Republic (-1.3%), Ukraine (-2.6%) and Lithuania (-8.4%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Poland, Slovakia, Hungary, Romania and Bulgaria increased by +36, +5.8, +4.8, +2.8 and +2.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest gravimetric filling machine supplying countries in Eastern Europe were Poland ($X), Slovakia ($X) and the Czech Republic ($X), together accounting for 72% of total exports.

Slovakia, with a CAGR of +93.7%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per unit, with a decrease of -24% against the previous year. Over the period under review, the export price recorded a slight setback. The most prominent rate of growth was recorded in 2015 an increase of 150%. The level of export peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Slovakia ($X per unit), while Romania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+18.4%), while the other leaders experienced more modest paces of growth.

Gravimetric Filling Machine Imports

Imports in Eastern Europe

In 2022, imports of automatic gravimetric filling machines in Eastern Europe shrank to X units, which is down by -13.6% compared with 2021. Overall, imports, however, continue to indicate a resilient increase. The pace of growth was the most pronounced in 2020 when imports increased by 292% against the previous year. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, gravimetric filling machine imports shrank to $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 51%. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Poland (X units) represented the largest importer of automatic gravimetric filling machines, making up 54% of total imports. Hungary (X units) took a 21% share (based on physical terms) of total imports, which put it in second place, followed by the Czech Republic (9.6%). Romania (X units), Russia (X units), Slovakia (X units) and Bulgaria (X units) followed a long way behind the leaders.

Imports into Poland increased at an average annual rate of +31.0% from 2012 to 2022. At the same time, Hungary (+51.8%), Romania (+15.4%), Slovakia (+10.6%), Bulgaria (+6.1%), the Czech Republic (+2.5%) and Russia (+1.2%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +51.8% from 2012-2022. From 2012 to 2022, the share of Poland and Hungary increased by +37 and +19 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest gravimetric filling machine importing markets in Eastern Europe were Russia ($X), Poland ($X) and Romania ($X), with a combined 71% share of total imports. Hungary, the Czech Republic, Bulgaria and Slovakia lagged somewhat behind, together comprising a further 18%.

Hungary, with a CAGR of +10.6%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per unit in 2022, rising by 7.5% against the previous year. Over the period under review, the import price, however, showed a deep reduction. The pace of growth was the most pronounced in 2019 an increase of 41% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Russia ($X per unit), while Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-0.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :