Spain: Gravimetric Filling Machine Market 2024

Gravimetric Filling Machine Market Size in Spain

In 2022, the Spanish gravimetric filling machine market decreased by -29.9% to $X, falling for the fourth consecutive year after seven years of growth. Overall, consumption, however, enjoyed a prominent expansion. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Gravimetric Filling Machine Production in Spain

In value terms, gravimetric filling machine production declined to $X in 2022 estimated in export price. Overall, the total production indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +31.4% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the production volume increased by 48%. Over the period under review, production attained the peak level at $X in 2021, and then dropped in the following year.

Gravimetric Filling Machine Exports

Exports from Spain

In 2022, exports of automatic gravimetric filling machines from Spain soared to X units, growing by 32% compared with 2021 figures. In general, exports posted a strong increase. The pace of growth was the most pronounced in 2017 with an increase of 268% against the previous year. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, gravimetric filling machine exports rose significantly to $X in 2022. Overall, exports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 229% 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

Mexico (X units), Morocco (X units) and Portugal (X units) were the main destinations of gravimetric filling machine exports from Spain, together accounting for 39% of total exports. Serbia, the UK, Canada, Saudi Arabia, Australia, Colombia, the United States, Egypt, Brazil and New Zealand lagged somewhat behind, together accounting for a further 46%.

From 2012 to 2022, the biggest increases were recorded for Saudi Arabia (with a CAGR of +131.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Mexico ($X) and Australia ($X) appeared to be the largest markets for gravimetric filling machine exported from Spain worldwide, together comprising 46% of total exports. Canada, Serbia, Portugal, Morocco, Egypt, Brazil, New Zealand, Colombia, the UK and Saudi Arabia lagged somewhat behind, together accounting for a further 37%.

Among the main countries of destination, Saudi Arabia, with a CAGR of +300.0%, 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 2022, the average gravimetric filling machine export price amounted to $X per unit, falling by -19.1% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average export price increased by 80% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Saudi Arabia ($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 Saudi Arabia (+73.1%), while the prices for the other major destinations experienced more modest paces of growth.

Gravimetric Filling Machine Imports

Imports into Spain

In 2022, supplies from abroad of automatic gravimetric filling machines decreased by -9.9% to X units, falling for the fourth year in a row after seven years of growth. Over the period under review, imports, however, continue to indicate prominent growth. The pace of growth appeared the most rapid in 2018 with an increase of 99%. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, gravimetric filling machine imports plummeted to $X in 2022. Overall, imports, however, saw a measured expansion. The growth pace was the most rapid in 2016 with an increase of 38%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest gravimetric filling machine supplier to Spain, with a 55% share of total imports. Moreover, gravimetric filling machine imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), threefold. France (X units) ranked third in terms of total imports with a 9.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +36.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+24.5% per year) and France (+11.5% per year).

In value terms, China ($X), Denmark ($X) and Germany ($X) appeared to be the largest gravimetric filling machine suppliers to Spain, together accounting for 74% of total imports. Japan, the UK, Italy, France and Taiwan (Chinese) lagged somewhat behind, together comprising a further 24%.

Among the main suppliers, Taiwan (Chinese), with a CAGR of +88.8%, recorded the highest rates of growth with regard to 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, reducing by -18% against the previous year. In general, the import price recorded a deep reduction. The most prominent rate of growth was recorded in 2021 an increase of 73% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($X per unit), while the price for Taiwan (Chinese) ($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 (+16.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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