Slovenia: Gravimetric Filling Machine Market 2024

Gravimetric Filling Machine Market Size in Slovenia

The Slovene gravimetric filling machine market expanded significantly to $X in 2022, growing by 8.3% against the previous year. Over the period under review, consumption recorded a prominent expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Gravimetric Filling Machine Production in Slovenia

In value terms, gravimetric filling machine production surged to $X in 2022 estimated in export price. Overall, production enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by 327%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Gravimetric Filling Machine Exports

Exports from Slovenia

In 2022, approx. X units of automatic gravimetric filling machines were exported from Slovenia; growing by 35% against the previous year. In general, exports saw a noticeable expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,367% against the previous year. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, gravimetric filling machine exports surged to $X in 2022. Over the period under review, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 1,961% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Serbia (X units), the United States (X units) and Croatia (X units) were the main destinations of gravimetric filling machine exports from Slovenia, with a combined 87% share 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 Serbia (with a CAGR of +2.7%), while the other leaders experienced more modest paces of growth.

In value terms, Croatia ($X) emerged as the key foreign market for automatic gravimetric filling machines exports from Slovenia, comprising 64% of total exports. The second position in the ranking was taken by Serbia ($X), with a 22% share of total exports. It was followed by the United States, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to Croatia totaled +20.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+3.7% per year) and the United States (0.0% per year).

Export Prices by Country

In 2022, the average gravimetric filling machine export price amounted to $X per unit, rising by 104% against the previous year. In general, the export price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 188%. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Croatia ($X per unit), while the average price for exports to Qatar ($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 Croatia (+29.6%), while the prices for the other major destinations experienced more modest paces of growth.

Gravimetric Filling Machine Imports

Imports into Slovenia

In 2022, after three years of growth, there was significant decline in overseas purchases of automatic gravimetric filling machines, when their volume decreased by -60.8% to X units. Overall, imports, however, showed a mild expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 261% against the previous year. As a result, imports attained the peak of X units, and then dropped rapidly in the following year.

In value terms, gravimetric filling machine imports shrank notably to $X in 2022. In general, imports, however, showed a slight increase. The pace of growth was the most pronounced in 2014 with an increase of 557% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

Denmark (X units), China (X units) and Italy (X units) were the main suppliers of gravimetric filling machine imports to Slovenia, together comprising 80% of total imports. The UK, Poland, Austria and Germany lagged somewhat behind, together comprising a further 18%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +34.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest gravimetric filling machine suppliers to Slovenia were Denmark ($X), Poland ($X) and China ($X), together accounting for 88% of total imports. Italy, the UK, Germany and Austria lagged somewhat behind, together comprising a further 11%.

In terms of the main suppliers, the UK, with a CAGR of +63.1%, 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

In 2022, the average gravimetric filling machine import price amounted to $X per unit, rising by 91% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 1,562%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average 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 Poland ($X per unit), while the price for Austria ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+21.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform