Portugal: Gravimetric Filling Machine Market 2024

Gravimetric Filling Machine Market Size in Portugal

In 2022, the Portuguese gravimetric filling machine market decreased by -93.5% to $X, falling for the second consecutive year after three years of growth. Overall, consumption recorded a deep contraction. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Gravimetric Filling Machine Production in Portugal

In value terms, gravimetric filling machine production skyrocketed to $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the production volume increased by 88% against the previous year. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Gravimetric Filling Machine Exports

Exports from Portugal

In 2022, shipments abroad of automatic gravimetric filling machines increased by 135% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports saw tangible growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, gravimetric filling machine exports skyrocketed to $X in 2022. In general, exports, however, recorded a relatively flat trend pattern. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X units), France (X units) and Austria (X units) were the main destinations of gravimetric filling machine exports from Portugal, together accounting for 83% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +104.2%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X) remains the key foreign market for automatic gravimetric filling machines exports from Portugal, comprising 52% of total exports. The second position in the ranking was held by Germany ($X), with a 13% share of total exports. It was followed by Morocco, with a 4.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+109.5% per year) and Morocco (+35.8% per year).

Export Prices by Country

The average gravimetric filling machine export price stood at $X per unit in 2022, which is down by -29.2% against the previous year. Over the period under review, the export price saw a noticeable contraction. The growth pace was the most rapid in 2019 an increase of 54%. Over the period under review, the average export prices attained the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Morocco ($X per unit), while the average price for exports to Germany ($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 Morocco (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Gravimetric Filling Machine Imports

Imports into Portugal

After two years of growth, overseas purchases of automatic gravimetric filling machines decreased by -25.5% to X units in 2022. Over the period under review, imports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of 542% against the previous year. Over the period under review, imports reached the maximum at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, gravimetric filling machine imports fell to $X in 2022. Overall, imports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of 174%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Spain (X units) constituted the largest gravimetric filling machine supplier to Portugal, accounting for a 89% share of total imports. Moreover, gravimetric filling machine imports from Spain exceeded the figures recorded by the second-largest supplier, Italy (X units), more than tenfold. The third position in this ranking was held by China (X units), with a 3.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain totaled +19.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+17.4% per year) and China (+32.8% per year).

In value terms, Spain ($X), Italy ($X) and China ($X) constituted the largest gravimetric filling machine suppliers to Portugal, with a combined 70% share of total imports.

Among the main suppliers, Italy, with a CAGR of +26.8%, 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, with an increase of 23% against the previous year. Over the period under review, the import price, however, continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2014 an increase of 81% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Germany ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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