Spain: Filling Containers Machinery Market 2024

Filling Containers Machinery Market Size in Spain

In 2021, the Spanish filling containers machinery market decreased by -23% to $X for the first time since 2016, thus ending a four-year rising trend. In general, consumption, however, recorded a measured increase. Filling containers machinery consumption peaked at $X in 2020, and then contracted significantly in the following year.

Filling Containers Machinery Production in Spain

In value terms, filling containers machinery production declined slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 when the production volume increased by 21%. Filling containers machinery production peaked at $X in 2020, and then contracted modestly in the following year.

Filling Containers Machinery Exports

Exports from Spain

In 2021, filling containers machinery exports from Spain totaled X units, rising by 12% compared with 2020 figures. The total export volume increased at an average annual rate of +2.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 with an increase of 23% against the previous year. As a result, the exports attained the peak of X units. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, filling containers machinery exports soared to $X in 2021. Over the period under review, total exports indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +4.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -0.4% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of 33% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units), Morocco (X units) and Portugal (X units) were the main destinations of filling containers machinery exports from Spain, together comprising 24% of total exports. These countries were followed by Egypt, Mexico, India, Equatorial Guinea, the United Arab Emirates, France, Poland, the UK, Germany and Russia, which together accounted for a further 39%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Egypt (with a CAGR of +55.0%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for machinery for filling, closing, sealing, capsuling or labelling containers exports from Spain, comprising 18% of total exports. The second position in the ranking was held by Mexico ($X), with a 6.4% share of total exports. It was followed by India, with a 5.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +13.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-0.8% per year) and India (+7.0% per year).

Export Prices by Country

The average filling containers machinery export price stood at $X per unit in 2021, increasing by 11% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2017 an increase of 21%. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.

Filling Containers Machinery Imports

Imports into Spain

In 2021, supplies from abroad of machinery for filling, closing, sealing, capsuling or labelling containers decreased by -5.1% to X units, falling for the third year in a row after two years of growth. Overall, total imports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +5.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -32.0% against 2018 indices. The growth pace was the most rapid in 2018 with an increase of 42%. As a result, imports reached the peak of X units. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, filling containers machinery imports shrank to $X in 2021. In general, imports, however, enjoyed prominent growth. The growth pace was the most rapid in 2017 with an increase of 49% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

Italy (X units), China (X units) and Germany (X units) were the main suppliers of filling containers machinery imports to Spain, with a combined 72% share of total imports. France, the United States, the UK and Sweden lagged somewhat behind, together comprising a further 20%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sweden (with a CAGR of +59.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and China ($X) were the largest filling containers machinery suppliers to Spain, with a combined 74% share of total imports. These countries were followed by France, Sweden, the United States and the UK, which together accounted for a further 14%.

Sweden, with a CAGR of +69.9%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average filling containers machinery import price stood at $X per unit in 2021, waning by -3.4% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2016 when the average import price increased by 20%. Over the period under review, average import prices reached the maximum at $X per unit in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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