EU: Personal Weighing Machine Market 2024

Personal Weighing Machine Market Size in the EU

After six years of growth, the EU personal weighing machine market decreased by -0.7% to $X in 2022. The total consumption indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +79.6% against 2015 indices. The level of consumption peaked at $X in 2021, and then declined modestly in the following year.

Personal Weighing Machine Production in the EU

In value terms, personal weighing machine production rose markedly to $X in 2022 estimated in export price. Overall, production posted slight growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by 198%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Personal Weighing Machine Exports

Exports in the EU

In 2022, overseas shipments of personal weighing machines decreased by -19.7% to X units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2020 when exports increased by 32% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2021, and then dropped markedly in the following year.

In value terms, personal weighing machine exports fell sharply to $X in 2022. Total exports indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 32% against the previous year. The level of export peaked at $X in 2021, and then shrank markedly in the following year.

Exports by Country

In 2022, Germany (X units), distantly followed by Poland (X units), the Netherlands (X units), Spain (X units), Austria (X units), France (X units) and the Czech Republic (X units) were the major exporters of personal weighing machines, together creating 86% of total exports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +33.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and the Netherlands ($X) constituted the countries with the highest levels of exports in 2022, with a combined 62% share of total exports.

In terms of the main exporting countries, Poland, with a CAGR of +34.3%, saw the highest growth rate of the value of exports, 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 the European Union amounted to $X per unit, with a decrease of -12.7% against the previous year. Overall, the export price saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 5.6% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2018; however, from 2019 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 France ($X per unit), while Austria ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.0%), while the other leaders experienced more modest paces of growth.

Personal Weighing Machine Imports

Imports in the EU

In 2022, supplies from abroad of personal weighing machines decreased by -24.2% to X units for the first time since 2018, thus ending a three-year rising trend. Total imports indicated a notable increase from 2012 to 2022: its volume increased at an average annual rate of +3.4% 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 2021 with an increase of 20%. As a result, imports attained the peak of X units, and then shrank markedly in the following year.

In value terms, personal weighing machine imports contracted dramatically to $X in 2022. Total imports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +2.9% 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 2020 when imports increased by 22%. Over the period under review, imports hit record highs at $X in 2021, and then shrank sharply in the following year.

Imports by Country

In 2022, Germany (X units), distantly followed by France (X units), the Netherlands (X units), Spain (X units), Italy (X units), Poland (X units) and Austria (X units) were the main importers of personal weighing machines, together generating 76% of total imports. The following importers - the Czech Republic (X units), Greece (X units), Belgium (X units), Hungary (X units), Romania (X units) and Sweden (X units) - together made up 15% of total imports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +13.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) were the countries with the highest levels of imports in 2022, together accounting for 51% of total imports. Poland, Italy, Spain, Austria, Belgium, the Czech Republic, Sweden, Hungary, Romania and Greece lagged somewhat behind, together accounting for a further 40%.

In terms of the main importing countries, Poland, with a CAGR of +15.0%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per unit, approximately reflecting the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 8.5% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+4.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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