MERCOSUR: Gravimetric Filling Machine Market 2024

Gravimetric Filling Machine Market Size in MERCOSUR

The MERCOSUR gravimetric filling machine market soared to $X in 2022, with an increase of 27% against the previous year. Over the period under review, consumption continues to indicate a buoyant expansion. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Gravimetric Filling Machine Production in MERCOSUR

In value terms, gravimetric filling machine production soared to $X in 2022 estimated in export price. Over the period under review, production posted a significant expansion. The pace of growth appeared the most rapid in 2015 when the production volume increased by 162,255% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Gravimetric Filling Machine Exports

Exports in MERCOSUR

In 2022, shipments abroad of automatic gravimetric filling machines increased by 86% to X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports recorded a relatively flat trend pattern. Over the period under review, the exports attained the peak figure at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, gravimetric filling machine exports surged to $X in 2022. Overall, exports, however, showed a abrupt curtailment. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Brazil (X units) represented the main exporter of automatic gravimetric filling machines, making up 68% of total exports. Argentina (X units) held a 19% share (based on physical terms) of total exports, which put it in second place, followed by Colombia (7.4%). Peru (X units) held a little share of total exports.

Exports from Brazil increased at an average annual rate of +3.9% from 2012 to 2022. At the same time, Colombia (+8.4%) and Peru (+7.2%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +8.4% from 2012-2022. By contrast, Argentina (-5.2%) illustrated a downward trend over the same period. Brazil (+20 p.p.) and Colombia (+4 p.p.) significantly strengthened its position in terms of the total exports, while Argentina saw its share reduced by -14.5% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest gravimetric filling machine supplier in MERCOSUR, comprising 65% of total exports. The second position in the ranking was held by Argentina ($X), with a 21% share of total exports. It was followed by Colombia, with an 8.6% share.

In Brazil, gravimetric filling machine exports contracted by an average annual rate of -1.6% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Argentina (-14.3% per year) and Colombia (+5.2% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per unit, increasing by 13% against the previous year. Overall, the export price, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2021 an increase of 34% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Colombia ($X per unit) and Argentina ($X per unit), while Peru ($X per unit) and Brazil ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+18.5%), while the other leaders experienced a decline in the export price figures.

Gravimetric Filling Machine Imports

Imports in MERCOSUR

After two years of decline, purchases abroad of automatic gravimetric filling machines increased by 23% to X units in 2022. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when imports increased by 56%. The volume of import peaked at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, gravimetric filling machine imports skyrocketed to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Brazil (X units) was the largest importer of automatic gravimetric filling machines, constituting 58% of total imports. Ecuador (X units) held the second position in the ranking, distantly followed by Peru (X units). All these countries together took approx. 31% share of total imports. The following importers - Chile (X units) and Argentina (X units) - each reached an 8.3% share of total imports.

Imports into Brazil decreased at an average annual rate of -3.2% from 2012 to 2022. At the same time, Ecuador (+41.8%), Argentina (+16.9%), Peru (+6.2%) and Chile (+4.8%) displayed positive paces of growth. Moreover, Ecuador emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +41.8% from 2012-2022. While the share of Ecuador (+25 p.p.), Argentina (+3.2 p.p.) and Peru (+2.3 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Brazil (-25.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported automatic gravimetric filling machines in MERCOSUR, comprising 49% of total imports. The second position in the ranking was held by Argentina ($X), with an 18% share of total imports. It was followed by Chile, with an 8.7% share.

In Brazil, gravimetric filling machine imports remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Argentina (+11.5% per year) and Chile (+0.6% per year).

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per unit, picking up by 1.7% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the import price increased by 59% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+3.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform