Northern America: Gravimetric Filling Machine Market 2024

Gravimetric Filling Machine Market Size in Northern America

The North American gravimetric filling machine market soared to $X in 2022, growing by 23% against the previous year. Overall, consumption enjoyed resilient growth. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in years to come.

Gravimetric Filling Machine Production in Northern America

In value terms, gravimetric filling machine production skyrocketed to $X in 2022 estimated in export price. In general, production enjoyed significant growth. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Gravimetric Filling Machine Exports

Exports in Northern America

In 2022, the amount of automatic gravimetric filling machines exported in Northern America dropped to X units, with a decrease of -6% compared with the year before. Total exports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of +7.4% 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 +31.8% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 41% against the previous year. The volume of export peaked at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, gravimetric filling machine exports expanded remarkably to $X in 2022. Total exports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +5.5% 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 +17.4% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of 40%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

The United States was the main exporter of automatic gravimetric filling machines in Northern America, with the volume of exports finishing at X units, which was near 89% of total exports in 2022. It was distantly followed by Canada (X units), committing an 11% share of total exports.

The United States was also the fastest-growing in terms of the automatic gravimetric filling machines exports, with a CAGR of +8.8% from 2012 to 2022. Canada experienced a relatively flat trend pattern. From 2012 to 2022, the share of the United States increased by +11 percentage points.

In value terms, the United States ($X) remains the largest gravimetric filling machine supplier in Northern America, comprising 70% of total exports. The second position in the ranking was taken by Canada ($X), with a 30% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States amounted to +8.3%.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per unit, growing by 20% against the previous year. Overall, the export price, however, showed a slight reduction. Over the period under review, the export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per unit), while the United States amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+1.2%).

Gravimetric Filling Machine Imports

Imports in Northern America

In 2022, supplies from abroad of automatic gravimetric filling machines increased by 40% to X units, rising for the second year in a row after two years of decline. Overall, imports showed a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, gravimetric filling machine imports rose rapidly to $X in 2022. Total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +7.0% 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 +16.3% against 2018 indices. The most prominent rate of growth was recorded in 2016 when imports increased by 20%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The United States was the main importer of automatic gravimetric filling machines in Northern America, with the volume of imports accounting for X units, which was approx. 87% of total imports in 2022. It was distantly followed by Canada (X units), generating a 13% share of total imports.

The United States was also the fastest-growing in terms of the automatic gravimetric filling machines imports, with a CAGR of +12.0% from 2012 to 2022. At the same time, Canada (+5.4%) displayed positive paces of growth. The United States (+8.3 p.p.) significantly strengthened its position in terms of the total imports, while Canada saw its share reduced by -8.3% from 2012 to 2022, respectively.

In value terms, the United States ($X) constitutes the largest market for imported automatic gravimetric filling machines in Northern America, comprising 86% of total imports. The second position in the ranking was taken by Canada ($X), with a 14% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States amounted to +6.5%.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per unit, falling by -18.8% against the previous year. Over the period under review, the import price continues to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2016 an increase of 38%. Over the period under review, import prices attained the maximum at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per unit), while the United States stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+5.0%).

Source: IndexBox Platform

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