Sweden: Gravimetric Filling Machine Market 2024

Gravimetric Filling Machine Market Size in Sweden

The Swedish gravimetric filling machine market soared to $X in 2022, picking up by 198% against the previous year. In general, consumption showed a prominent increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Gravimetric Filling Machine Production in Sweden

In value terms, gravimetric filling machine production contracted to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the production volume increased by 8.5%. As a result, production reached the peak level of $X, and then shrank modestly in the following year.

Gravimetric Filling Machine Exports

Exports from Sweden

In 2022, the amount of automatic gravimetric filling machines exported from Sweden contracted remarkably to X units, which is down by -73.2% on the previous year's figure. In general, exports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 1,218% against the previous year. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, gravimetric filling machine exports shrank significantly to $X in 2022. Overall, exports, however, posted a remarkable increase. The pace of growth was the most pronounced in 2019 with an increase of 2,154%. Over the period under review, the exports reached the maximum at $X in 2021, and then contracted rapidly in the following year.

Exports by Country

Norway (X units), the Netherlands (X units) and Lebanon (X units) were the main destinations of gravimetric filling machine exports from Sweden, together accounting for 51% 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 Norway (with a CAGR of +32.0%), while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Switzerland ($X) and Norway ($X) appeared to be the largest markets for gravimetric filling machine exported from Sweden worldwide, with a combined 98% share of total exports.

Among the main countries of destination, Norway, with a CAGR of +52.2%, recorded the highest growth rate of 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

The average gravimetric filling machine export price stood at $X per unit in 2022, with a decrease of -42.3% against the previous year. Overall, the export price showed a abrupt slump. The growth pace was the most rapid in 2021 an increase of 172%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Lebanon ($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 Finland (+842.6%), while the prices for the other major destinations experienced more modest paces of growth.

Gravimetric Filling Machine Imports

Imports into Sweden

In 2022, approx. X units of automatic gravimetric filling machines were imported into Sweden; jumping by 722% against the previous year's figure. Over the period under review, imports continue to indicate significant growth. 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 notably to $X in 2022. Overall, imports posted a resilient expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 120%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, the Netherlands (X units) was the main supplier of gravimetric filling machine to Sweden, accounting for a 97% share of total imports. It was followed by Germany (X units), with a 0.6% share of total imports. The third position in this ranking was held by the United States (X units), with a 0.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands amounted to +52.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-10.7% per year) and the United States (+20.8% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of automatic gravimetric filling machines to Sweden, comprising 60% of total imports. The second position in the ranking was taken by Germany ($X), with a 17% share of total imports. It was followed by the United States, with a 1.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the Netherlands totaled +26.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-0.9% per year) and the United States (+15.8% per year).

Import Prices by Country

In 2022, the average gravimetric filling machine import price amounted to $X per unit, reducing by -87% against the previous year. Overall, the import price recorded a precipitous slump. The most prominent rate of growth was recorded in 2015 when the average import price increased by 103%. Over the period under review, average import prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :