Global Gravimetric Filling Machine Market 2024

Gravimetric Filling Machine Market Size

The global gravimetric filling machine market skyrocketed to $X in 2022, with an increase of 33% against the previous year. In general, consumption enjoyed strong growth. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the global market remained at a somewhat lower figure.

Gravimetric Filling Machine Production

In value terms, gravimetric filling machine production surged to $X in 2022 estimated in export price. Over the period under review, production saw strong growth. The pace of growth appeared the most rapid in 2020 with an increase of 310%. As a result, production reached the peak level of $X. From 2021 to 2022, global production growth failed to regain momentum.

Gravimetric Filling Machine Exports

Exports

Global gravimetric filling machine exports skyrocketed to X units in 2022, jumping by 17% against the previous year. Over the period under review, exports saw prominent growth. The growth pace was the most rapid in 2020 when exports increased by 82% against the previous year. Over the period under review, the global exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, gravimetric filling machine exports fell to $X in 2022. The total export value increased at an average annual rate of +1.8% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of 11%. The global exports peaked at $X in 2021, and then declined slightly in the following year.

Exports by Country

China prevails in exports structure, amounting to X units, which was near 67% of total exports in 2022. The UK (X units) took a 5.3% share (based on physical terms) of total exports, which put it in second place, followed by Singapore (4.9%). The following exporters - Denmark (X units), the Netherlands (X units), Japan (X units) and India (X units) - together made up 11% of total exports.

Exports from China increased at an average annual rate of +11.3% from 2012 to 2022. At the same time, Denmark (+15.2%), the Netherlands (+7.5%), India (+6.9%) and the UK (+2.9%) displayed positive paces of growth. Moreover, Denmark emerged as the fastest-growing exporter exported in the world, with a CAGR of +15.2% from 2012-2022. Japan experienced a relatively flat trend pattern. By contrast, Singapore (-3.4%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China and Denmark increased by +20 and +2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X), China ($X) and Denmark ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for 49% of global exports.

In terms of the main exporting countries, Denmark, with a CAGR of +13.9%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global 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, waning by -14.5% against the previous year. In general, the export price continues to indicate a drastic downturn. The growth pace was the most rapid in 2018 an increase of 57% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($X per unit), while Singapore ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+11.7%), while the other global leaders experienced mixed trends in the export price figures.

Gravimetric Filling Machine Imports

Imports

In 2022, the amount of automatic gravimetric filling machines imported worldwide rose sharply to X units, picking up by 11% compared with the year before. Over the period under review, total imports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of +5.9% 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 +53.4% against 2017 indices. The most prominent rate of growth was recorded in 2015 when imports increased by 46%. As a result, imports attained the peak of X units. From 2016 to 2022, the growth of global imports remained at a somewhat lower figure.

In value terms, gravimetric filling machine imports rose slightly to $X in 2022. The total import value increased at an average annual rate of +3.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 when imports increased by 15%. Over the period under review, global imports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

The United States represented the key importing country with an import of about X units, which resulted at 41% of total imports. It was distantly followed by the Netherlands (X units), Malaysia (X units) and Canada (X units), together comprising a 19% share of total imports. Singapore (X units), Brazil (X units), the UK (X units), Sweden (X units), Spain (X units), Thailand (X units), Poland (X units), France (X units) and Mexico (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to gravimetric filling machine imports into the United States stood at +12.0%. At the same time, Malaysia (+39.0%), Sweden (+36.0%), Thailand (+33.6%), Poland (+31.0%), the Netherlands (+29.5%), Spain (+12.7%), Canada (+5.4%) and Mexico (+1.4%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing importer imported in the world, with a CAGR of +39.0% from 2012-2022. France experienced a relatively flat trend pattern. By contrast, Singapore (-2.0%), Brazil (-3.2%) and the UK (-4.0%) illustrated a downward trend over the same period. While the share of the United States (+17 p.p.), Malaysia (+6.1 p.p.), the Netherlands (+6 p.p.), Sweden (+2.6 p.p.), Thailand (+1.8 p.p.) and Poland (+1.6 p.p.) increased significantly in terms of the global imports from 2012-2022, the share of Singapore (-3.8 p.p.), Brazil (-4.5 p.p.) and the UK (-4.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported automatic gravimetric filling machines worldwide, comprising 23% of global imports. The second position in the ranking was held by the Netherlands ($X), with a 6.6% share of global imports. It was followed by the UK, with a 4.2% share.

In the United States, gravimetric filling machine imports increased at an average annual rate of +6.5% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: the Netherlands (+24.4% per year) and the UK (+13.9% per year).

Import Prices by Country

In 2022, the average gravimetric filling machine import price amounted to $X per unit, shrinking by -8% against the previous year. In general, the import price showed a perceptible shrinkage. The growth pace was the most rapid in 2017 when the average import price increased by 48% against the previous year. Global import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mexico ($X per unit), while Singapore ($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 (+18.6%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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