Machinery for Packing Market
Machinery for packing market: find new facts and figures powered by an Ai-driven BI tool. Info provide exports, consumption, trade, companies, market prices, imports, production, and market size. Here is a breakdown by country, including Africa, EU, Latin America, Russia, the U.S., the U.K., the Middle East, and China. Market trends and outlook to 2030 are also provided in the snapshots.
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Machinery for Packing - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | United States |
| 2 | China |
| 3 | Japan |
| 4 | Brazil |
| 5 | India |
In value terms, the United States led the market, alone. The second position in the ranking was occupied by China. It was followed by Japan.
From 2019 to 2021, the average annual growth rate of value in the United States was relatively modest. The remaining consuming countries recorded the following average annual rates of market growth: China (+4.6% per year) and Japan (-1.5% per year).
Machinery For Packing Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| USD per unit | ||||
| Taiwan (Chinese) | 277 | 298 | 231 | -8.7% |
| Turkey | 384 | 394 | 306 | -10.8% |
| United Kingdom | 657 | 683 | 620 | -2.8% |
| South Korea | 793 | 864 | 671 | -8.0% |
| Netherlands | 862 | 934 | 942 | 4.6% |
| Italy | 933 | 960 | 990 | 3.0% |
| Canada | 10636 | 6382 | 1124 | -67.5% |
| Spain | 1023 | 1152 | 1137 | 5.4% |
| France | 1317 | 1337 | 1239 | -3.0% |
| China | 1328 | 1720 | 1336 | 0.3% |
| Germany | 1447 | 1437 | 1633 | 6.2% |
| Japan | 1535 | 1648 | 1655 | 3.8% |
| Switzerland | 7383 | 10282 | 2549 | -41.2% |
| Average | 1029 | 1067 | 1010 | -0.9% |
Prices varied noticeably by the country of origin; the country with the highest price was Switzerland ($2,549 per unit), while Taiwan (Chinese) ($231 per unit) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Germany, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| USD per unit | ||||
| China | 1367 | 1498 | 1456 | 3.2% |
| Russia | 672 | 638 | 1090 | 27.3% |
| Germany | 800 | 786 | 805 | 0.4% |
| France | 720 | 799 | 787 | 4.6% |
| Turkey | 802 | 777 | 755 | -2.9% |
| Indonesia | 670 | 794 | 731 | 4.5% |
| Canada | 961 | 1265 | 726 | -13.1% |
| Mexico | 1023 | 1424 | 726 | -15.8% |
| United Kingdom | 802 | 1040 | 620 | -12.1% |
| Spain | 848 | 659 | 580 | -17.3% |
| India | 566 | 649 | 573 | 0.7% |
| Netherlands | 616 | 555 | 510 | -9.0% |
| South Korea | 742 | 342 | 333 | -33.0% |
| Average | 867 | 875 | 843 | -1.4% |
Prices varied noticeably by the country of destination; the country with the highest price was China ($1,456 per unit), while South Korea ($333 per unit) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Russia, while the other global leaders experienced more modest paces of growth.
Machinery for Packing - Top Importers
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| billion USD | ||||
| China | 0.6 | 0.6 | 0.6 | 1.4% |
| Germany | 0.4 | 0.3 | 0.4 | 3.7% |
| Russia | 0.3 | 0.3 | 0.3 | -1.2% |
| France | 0.3 | 0.3 | 0.3 | -3.1% |
| Turkey | 0.1 | 0.1 | 0.2 | 37.8% |
In value terms, China ($568M), Germany ($379M) and Russia ($337M) were the countries with the highest levels of imports in 2021, together accounting for 15% of global imports. These countries were followed by France, Turkey, Canada, Indonesia, the UK, Mexico, Spain, South Korea, India and the Netherlands, which together accounted for a further 24%.
Turkey saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Machinery for Packing - Top Exporters
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| billion USD | ||||
| Italy | 2.8 | 2.7 | 2.9 | 2.4% |
| Germany | 2.3 | 2.1 | 2.2 | -1.4% |
| China | 0.5 | 0.5 | 0.5 | 1.1% |
| Netherlands | 0.4 | 0.4 | 0.5 | 14.9% |
| Switzerland | 0.3 | 0.4 | 0.4 | 11.5% |
In value terms, Italy ($2.9B), Germany ($2.2B) and China ($534M) appeared to be the countries with the highest levels of exports in 2021, with a combined 56% share of global exports. These countries were followed by the Netherlands, Switzerland, Spain, Japan, Canada, France, Turkey, Taiwan (Chinese), the UK and South Korea, which together accounted for a further 28%.
Turkey saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Machinery for Packing - Market Forecast
Driven by rising demand for machinery for packing worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.
Machinery for Packing - Product Coverage
- HS 842240 - Machinery; for packing or wrapping
This report provides an in-depth analysis of the global machinery for packing market.
This report provides an in-depth analysis of the machinery for packing market in Latin America and the Caribbean.
This report provides an in-depth analysis of the machinery for packing market in Africa.
This report provides an in-depth analysis of the machinery for packing market in South-Eastern Asia.
This report provides an in-depth analysis of the machinery for packing market in Southern Asia.
This report provides an in-depth analysis of the machinery for packing market in Eastern Asia.
This report provides an in-depth analysis of the machinery for packing market in the Middle East.
This report provides an in-depth analysis of the machinery for packing market in Australia and Oceania.
This report provides an in-depth analysis of the machinery for packing market in Northern America.
This report provides an in-depth analysis of the machinery for packing market in Central Asia.
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