Italy: Gravimetric Filling Machine Market 2024

Gravimetric Filling Machine Market Size in Italy

The Italian gravimetric filling machine market rose significantly to $X in 2022, increasing by 14% against the previous year. Over the period under review, consumption continues to indicate moderate growth. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Gravimetric Filling Machine Production in Italy

In value terms, gravimetric filling machine production skyrocketed to $X in 2022 estimated in export price. In general, production posted buoyant growth. The growth pace was the most rapid in 2018 when the production volume increased by 210% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Gravimetric Filling Machine Exports

Exports from Italy

In 2022, shipments abroad of automatic gravimetric filling machines decreased by -55.3% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, exports saw a deep slump. The most prominent rate of growth was recorded in 2017 when exports increased by 40%. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, gravimetric filling machine exports dropped significantly to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by 36% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Brazil (X units) was the main destination for gravimetric filling machine exports from Italy, with a 23% share of total exports. Moreover, gravimetric filling machine exports to Brazil exceeded the volume sent to the second major destination, the UK (X units), threefold. China (X units) ranked third in terms of total exports with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Brazil amounted to +37.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+0.2% per year) and China (-6.0% per year).

In value terms, the largest markets for gravimetric filling machine exported from Italy were the UK ($X), France ($X) and Brazil ($X), together comprising 29% of total exports.

In terms of the main countries of destination, Brazil, with a CAGR of +39.5%, saw the highest rates of growth with regard to 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

The average gravimetric filling machine export price stood at $X per unit in 2022, increasing by 81% against the previous year. Overall, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +10.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Argentina ($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 Spain (+17.9%), while the prices for the other major destinations experienced more modest paces of growth.

Gravimetric Filling Machine Imports

Imports into Italy

Gravimetric filling machine imports into Italy contracted notably to X units in 2022, falling by -23.6% compared with 2021. Overall, imports, however, continue to indicate a modest expansion. The pace of growth appeared the most rapid in 2016 with an increase of 82%. Over the period under review, imports reached the peak figure at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, gravimetric filling machine imports expanded significantly to $X in 2022. In general, total imports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +2.1% 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 +22.3% against 2020 indices. The growth pace was the most rapid in 2013 with an increase of 50% against the previous year. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X units), China (X units) and Belgium (X units) were the main suppliers of gravimetric filling machine imports to Italy, with a combined 81% share of total imports. Switzerland, the Netherlands, India, the United States and the UK lagged somewhat behind, together accounting for a further 17%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +91.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest gravimetric filling machine suppliers to Italy were Germany ($X), China ($X) and the Netherlands ($X), together accounting for 83% of total imports. Belgium, Switzerland, the UK, India and the United States lagged somewhat behind, together comprising a further 11%.

In terms of the main suppliers, India, with a CAGR of +118.2%, recorded the highest growth rate of 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

The average gravimetric filling machine import price stood at $X per unit in 2022, growing by 42% against the previous year. In general, the import price recorded a relatively flat trend pattern. The import price peaked at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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 Netherlands ($X per unit), while the price for Switzerland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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