EU: Gravimetric Filling Machine Market 2024

Gravimetric Filling Machine Market Size in the EU

The EU gravimetric filling machine market soared to $X in 2022, jumping by 34% against the previous year. Overall, consumption saw a resilient increase. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Gravimetric Filling Machine Production in the EU

In value terms, gravimetric filling machine production expanded markedly to $X in 2022 estimated in export price. The total production indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -5.2% against 2020 indices. The pace of growth appeared the most rapid in 2016 when the production volume increased by 80%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Gravimetric Filling Machine Exports

Exports in the EU

In 2022, shipments abroad of automatic gravimetric filling machines increased by 23% to X units, rising for the fourth year in a row after two years of decline. Over the period under review, exports recorded strong growth. The pace of growth appeared the most rapid in 2016 with an increase of 74%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, gravimetric filling machine exports reached $X in 2022. The total export value increased at an average annual rate of +1.7% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of 24% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Denmark (X units) and the Netherlands (X units) were the key exporters of automatic gravimetric filling machines in the European Union, together committing 57% of total exports. Germany (X units) held a 10% share (based on physical terms) of total exports, which put it in second place, followed by Spain (8.6%), Poland (5.2%) and Belgium (5%). Italy (X units), France (X units) and the Czech Republic (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Poland (with a CAGR of +23.4%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest gravimetric filling machine supplier in the European Union, comprising 43% of total exports. The second position in the ranking was taken by Denmark ($X), with a 21% share of total exports. It was followed by the Netherlands, with a 10% share.

In Germany, gravimetric filling machine exports contracted by an average annual rate of -1.5% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Denmark (+13.9% per year) and the Netherlands (+4.7% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per unit, waning by -16.9% against the previous year. Over the period under review, the export price saw a pronounced downturn. The most prominent rate of growth was recorded in 2017 when the export price increased by 79% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.0%), while the other leaders experienced more modest paces of growth.

Gravimetric Filling Machine Imports

Imports in the EU

For the third year in a row, the European Union recorded growth in overseas purchases of automatic gravimetric filling machines, which increased by 6.2% to X units in 2022. In general, imports posted buoyant growth. The pace of growth was the most pronounced in 2016 with an increase of 57% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, gravimetric filling machine imports dropped to $X in 2022. Total imports indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 44%. As a result, imports reached the peak of $X, and then contracted slightly in the following year.

Imports by Country

In 2022, the Netherlands (X units) represented the largest importer of automatic gravimetric filling machines, creating 33% of total imports. Sweden (X units) ranks second in terms of the total imports with a 14% share, followed by Spain (9.9%), Poland (8.7%), France (7.4%) and Belgium (7.2%). Denmark (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to gravimetric filling machine imports into the Netherlands stood at +29.5%. At the same time, Sweden (+36.0%), Poland (+31.0%), Belgium (+18.4%), Spain (+12.7%) and Denmark (+10.0%) displayed positive paces of growth. Moreover, Sweden emerged as the fastest-growing importer imported in the European Union, with a CAGR of +36.0% from 2012-2022. France experienced a relatively flat trend pattern. The Netherlands (+23 p.p.), Sweden (+11 p.p.), Poland (+6.3 p.p.) and Belgium (+1.7 p.p.) significantly strengthened its position in terms of the total imports, while Spain, Denmark and France saw its share reduced by -2.4%, -2.6% and -24% from 2012 to 2022, respectively.

In value terms, the Netherlands ($X) constitutes the largest market for imported automatic gravimetric filling machines in the European Union, comprising 28% of total imports. The second position in the ranking was taken by France ($X), with a 9.4% share of total imports. It was followed by Denmark, with a 6.8% share.

From 2012 to 2022, the average annual growth rate of value in the Netherlands stood at +24.4%. In the other countries, the average annual rates were as follows: France (+0.3% per year) and Denmark (+23.3% per year).

Import Prices by Country

The import price in the European Union stood at $X per unit in 2022, waning by -6.9% against the previous year. Over the period under review, the import price recorded a deep slump. The pace of growth was the most pronounced in 2015 when the import price increased by 21% against the previous year. As a result, import price reached the peak level of $X per unit. From 2016 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Denmark ($X per unit), while Sweden ($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 (+12.1%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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