France: Personal Weighing Machine Market 2024

Personal Weighing Machine Market Size in France

In 2022, the French personal weighing machine market decreased by -19.1% to $X for the first time since 2018, thus ending a three-year rising trend. Overall, the total consumption indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +2.3% 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 +43.0% against 2018 indices. Personal weighing machine consumption peaked at $X in 2021, and then contracted notably in the following year.

Personal Weighing Machine Production in France

In value terms, personal weighing machine production soared to $X in 2022 estimated in export price. Over the period under review, production recorded a noticeable expansion. The most prominent rate of growth was recorded in 2016 when the production volume increased by 158%. Personal weighing machine production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Personal Weighing Machine Exports

Exports from France

After three years of growth, overseas shipments of personal weighing machines decreased by -19.6% to X units in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. As a result, the exports attained the peak of X units, and then contracted significantly in the following year.

In value terms, personal weighing machine exports contracted sharply to $X in 2022. In general, total exports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +3.9% 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 exports increased by 35% against the previous year. The exports peaked at $X in 2021, and then declined sharply in the following year.

Exports by Country

Germany (X units), Belgium (X units) and Italy (X units) were the main destinations of personal weighing machine exports from France, with a combined 48% share of total exports. Spain, Poland, the UK, Sweden, Slovakia, Portugal, the Netherlands, Romania, Switzerland and Algeria lagged somewhat behind, together accounting for a further 38%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovakia (with a CAGR of +59.0%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for personal weighing machines exports from France, comprising 26% of total exports. The second position in the ranking was held by Italy ($X), with a 12% share of total exports. It was followed by Sweden, with a 10% share.

From 2012 to 2022, the average annual growth rate of value to Germany stood at +14.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+2.2% per year) and Sweden (+27.2% per year).

Export Prices by Country

In 2022, the average personal weighing machine export price amounted to $X per unit, falling by -5.3% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The most prominent rate of growth was recorded in 2013 an increase of 20%. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per unit), while the average price for exports to Romania ($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 Netherlands (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.

Personal Weighing Machine Imports

Imports into France

After three years of growth, supplies from abroad of personal weighing machines decreased by -32.5% to X units in 2022. Over the period under review, total imports indicated a slight expansion from 2012 to 2022: its volume increased at an average annual rate of +1.2% 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 when imports increased by 37%. As a result, imports attained the peak of X units, and then contracted remarkably in the following year.

In value terms, personal weighing machine imports dropped sharply to $X in 2022. In general, total imports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +2.5% 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 +49.4% against 2018 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 39% against the previous year. As a result, imports attained the peak of $X, and then dropped markedly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest personal weighing machine supplier to France, accounting for a 47% share of total imports. Moreover, personal weighing machine imports from China exceeded the figures recorded by the second-largest supplier, Spain (X units), threefold. Germany (X units) ranked third in terms of total imports with a 15% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to -4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+30.7% per year) and Germany (+13.6% per year).

In value terms, China ($X) constituted the largest supplier of personal weighing machines to France, comprising 44% of total imports. The second position in the ranking was taken by Germany ($X), with a 20% share of total imports. It was followed by Spain, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled -3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+10.6% per year) and Spain (+24.0% per year).

Import Prices by Country

In 2022, the average personal weighing machine import price amounted to $X per unit, increasing by 15% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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