Europe: Gravimetric Filling Machine Market 2024

Gravimetric Filling Machine Market Size in Europe

The Europe gravimetric filling machine market surged to $X in 2022, rising by 28% against the previous year. In general, consumption showed a prominent increase. 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 Europe

In value terms, gravimetric filling machine production soared to $X in 2022 estimated in export price. Overall, production showed a prominent increase. The pace of growth was the most pronounced in 2020 with an increase of 115%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Gravimetric Filling Machine Exports

Exports in Europe

In 2022, overseas shipments of automatic gravimetric filling machines increased by 20% to X units, rising for the fourth consecutive year after two years of decline. Total exports indicated a measured expansion from 2012 to 2022: its volume increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +81.1% against 2018 indices. The most prominent rate of growth was recorded in 2016 with an increase of 42%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, gravimetric filling machine exports shrank to $X in 2022. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 22% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

In 2022, the UK (X units), Denmark (X units) and the Netherlands (X units) represented the main exporter of automatic gravimetric filling machines in Europe, committing 65% of total export. Germany (X units) held the next position in the ranking, followed by Spain (X units) and Switzerland (X units). All these countries together held approx. 18% share of total exports. Poland (X units) took a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key 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 ($X) remains the largest gravimetric filling machine supplier in Europe, comprising 34% of total exports. The second position in the ranking was taken by Denmark ($X), with a 17% share of total exports. It was followed by the UK, with a 15% share.

In Germany, gravimetric filling machine exports declined 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 UK (-0.8% per year).

Export Prices by Country

In 2022, the export price in Europe amounted to $X per unit, which is down by -17.1% against the previous year. Overall, the export price recorded a pronounced decline. The pace of growth appeared the most rapid in 2014 when the export price increased by 38% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 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 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 Spain (+0.6%), while the other leaders experienced a decline in the export price figures.

Gravimetric Filling Machine Imports

Imports in Europe

After two years of growth, overseas purchases of automatic gravimetric filling machines decreased by -1.4% to X units in 2022. Over the period under review, imports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by 60% against the previous year. As a result, imports reached the peak of X units, and then reduced slightly in the following year.

In value terms, gravimetric filling machine imports rose modestly to $X in 2022. Total imports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +4.1% 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 +48.3% against 2019 indices. The pace of growth appeared the most rapid in 2017 when imports increased by 25%. The level of import peaked in 2022 and is likely to see steady growth in the immediate term.

Imports by Country

The Netherlands was the main importing country with an import of around X units, which resulted at 29% of total imports. It was distantly followed by the UK (X units), Sweden (X units), Spain (X units), Poland (X units), France (X units) and Belgium (X units), together constituting a 52% share of total imports.

Imports into the Netherlands increased at an average annual rate of +29.5% from 2012 to 2022. At the same time, Sweden (+36.0%), Poland (+31.0%), Belgium (+18.4%) and Spain (+12.7%) displayed positive paces of growth. Moreover, Sweden emerged as the fastest-growing importer imported in Europe, with a CAGR of +36.0% from 2012-2022. France experienced a relatively flat trend pattern. By contrast, the UK (-4.0%) illustrated a downward trend over the same period. The Netherlands (+23 p.p.), Sweden (+11 p.p.), Poland (+6.2 p.p.), Belgium (+3.4 p.p.) and Spain (+2.3 p.p.) significantly strengthened its position in terms of the total imports, while France and the UK saw its share reduced by -9.4% and -31.2% from 2012 to 2022, respectively.

In value terms, the Netherlands ($X), the UK ($X) and France ($X) were the countries with the highest levels of imports in 2022, with a combined 40% share of total imports.

In terms of the main importing countries, the Netherlands, with a CAGR of +24.4%, recorded 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 Europe amounted to $X per unit, surging by 4.1% against the previous year. Over the period under review, the import price, however, saw a noticeable slump. The pace of growth appeared the most rapid in 2013 when the import price increased by 79%. As a result, import price attained the peak level of $X per unit. From 2014 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 France ($X per unit), while Sweden ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+18.6%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform