U.S.: Gravimetric Filling Machine Market 2024

Gravimetric Filling Machine Market Size in the U.S.

The U.S. gravimetric filling machine market surged to $X in 2022, picking up by 26% against the previous year. Overall, consumption enjoyed prominent growth. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the near future.

Gravimetric Filling Machine Production in the U.S.

In value terms, gravimetric filling machine production skyrocketed to $X in 2022. Over the period under review, production, however, saw a abrupt slump. Gravimetric filling machine production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Gravimetric Filling Machine Exports

Exports from the U.S.

In 2022, the amount of automatic gravimetric filling machines exported from the United States shrank to X units, falling by -9% on the previous year. In general, total exports indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of +8.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +30.2% against 2020 indices. The growth pace was the most rapid in 2013 with an increase of 45%. Over the period under review, the exports reached the peak figure at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, gravimetric filling machine exports rose remarkably to $X in 2022. Overall, total exports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +8.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by 54%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Canada (X units) was the main destination for gravimetric filling machine exports from the United States, with a 40% share of total exports. Moreover, gravimetric filling machine exports to Canada exceeded the volume sent to the second major destination, China (X units), fourfold. The third position in this ranking was taken by Mexico (X units), with an 8.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Canada totaled +11.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+30.4% per year) and Mexico (+9.0% per year).

In value terms, Canada ($X) remains the key foreign market for automatic gravimetric filling machines exports from the United States, comprising 47% of total exports. The second position in the ranking was held by Mexico ($X), with a 15% share of total exports. It was followed by Australia, with a 5.9% share.

From 2012 to 2022, the average annual growth rate of value to Canada totaled +15.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+6.4% per year) and Australia (+11.0% per year).

Export Prices by Country

The average gravimetric filling machine export price stood at $X per unit in 2022, rising by 22% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 28%. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat 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 Colombia ($X per unit), while the average price for exports to Taiwan (Chinese) ($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 Colombia (+16.6%), while the prices for the other major destinations experienced mixed trend patterns.

Gravimetric Filling Machine Imports

Imports into the U.S.

In 2022, purchases abroad of automatic gravimetric filling machines increased by 52% to X units, rising for the second year in a row after two years of decline. Over the period under review, imports posted resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, gravimetric filling machine imports expanded markedly to $X in 2022. In general, total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +14.8% against 2018 indices. The most prominent rate of growth was recorded in 2016 when imports increased by 20% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

Germany (X units), Taiwan (Chinese) (X units) and Japan (X units) were the main suppliers of gravimetric filling machine imports to the United States, with a combined 74% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Taiwan (Chinese) (with a CAGR of +163.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constituted the largest supplier of automatic gravimetric filling machines to the United States, comprising 52% of total imports. The second position in the ranking was held by Germany ($X), with a 15% share of total imports. It was followed by Canada, with an 8.5% share.

From 2012 to 2022, the average annual growth rate of value from Japan totaled +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+10.2% per year) and Canada (+2.2% per year).

Import Prices by Country

The average gravimetric filling machine import price stood at $X per unit in 2022, dropping by -25.2% against the previous year. In general, the import price recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2016 an increase of 44%. The import price peaked at $X per unit in 2020; however, from 2021 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 Japan ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+6.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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