Italy: Filling Containers Machinery Market 2024

Filling Containers Machinery Market Size in Italy

The Italian filling containers machinery market was estimated at $X in 2021, picking up by 3.1% against the previous year. Over the period under review, consumption, however, posted a remarkable increase. Filling containers machinery consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Filling Containers Machinery Production in Italy

In value terms, filling containers machinery production dropped notably to $X in 2021 estimated in export price. Overall, production saw a noticeable descent. The pace of growth appeared the most rapid in 2020 with an increase of 32%. As a result, production attained the peak level of $X, and then fell significantly in the following year.

Filling Containers Machinery Exports

Exports from Italy

In 2021, the amount of machinery for filling, closing, sealing, capsuling or labelling containers exported from Italy dropped modestly to X units, approximately reflecting the previous year's figure. Overall, exports continue to indicate a slight decrease. The pace of growth appeared the most rapid in 2019 when exports increased by 282%. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, filling containers machinery exports expanded notably to $X in 2021. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 15%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X units), France (X units) and China (X units) were the main destinations of filling containers machinery exports from Italy, with a combined 25% share of total exports. Germany, Spain, the UK, Mexico, Russia, Vietnam, Ireland, Canada, Turkey and Brazil lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2021, the biggest increases were recorded for Ireland (with a CAGR of +26.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and France ($X) appeared to be the largest markets for filling containers machinery exported from Italy worldwide, with a combined 27% share of total exports. These countries were followed by Ireland, Germany, Spain, Mexico, the UK, Russia, Brazil, Canada, Turkey and Vietnam, which together accounted for a further 33%.

In terms of the main countries of destination, Ireland, with a CAGR of +46.8%, 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

In 2021, the average filling containers machinery export price amounted to $X per unit, growing by 9.4% against the previous year. In general, the export price showed a tangible increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 234% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Ireland ($X per unit), while the average price for exports to Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+15.8%), while the prices for the other major destinations experienced more modest paces of growth.

Filling Containers Machinery Imports

Imports into Italy

In 2021, approx. X units of machinery for filling, closing, sealing, capsuling or labelling containers were imported into Italy; picking up by 30% against 2020 figures. Over the period under review, total imports indicated notable growth from 2012 to 2021: its volume increased at an average annual rate of +3.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +21.4% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, filling containers machinery imports skyrocketed to $X in 2021. Overall, total imports indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Austria (X units), Germany (X units) and China (X units) were the main suppliers of filling containers machinery imports to Italy, together accounting for 58% of total imports. France, Israel, the Netherlands, the United States, Spain, Sweden and the UK lagged somewhat behind, together accounting for a further 32%.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +22.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Austria ($X) and France ($X) were the largest filling containers machinery suppliers to Italy, with a combined 64% share of total imports. These countries were followed by the United States, China, Spain, Sweden, the Netherlands, the UK and Israel, which together accounted for a further 27%.

Among the main suppliers, China, with a CAGR of +22.5%, 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 filling containers machinery import price stood at $X per unit in 2021, rising by 7.4% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 23%. As a result, import price attained the peak level of $X per unit. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Sweden ($X per unit), while the price for Israel ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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