Asia: Gravimetric Filling Machine Market 2024

Gravimetric Filling Machine Market Size in Asia

The Asian gravimetric filling machine market fell modestly to $X in 2022, declining by X% against the previous year. Over the period under review, consumption saw a perceptible downturn. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Gravimetric Filling Machine Production in Asia

In value terms, gravimetric filling machine production rose markedly to $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

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Gravimetric Filling Machine Exports

Exports in Asia

In 2022, overseas shipments of automatic gravimetric filling machines increased by X% to X units, rising for the fifth consecutive year after three years of decline. Overall, exports recorded a resilient expansion. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The volume of export peaked in 2022 and is likely to see gradual growth in the near future.

In value terms, gravimetric filling machine exports declined modestly to $X in 2022. The total export value increased at an average annual rate of X% 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 2016 when exports increased by X% against the previous year. The level of export peaked at $X in 2021, and then declined modestly in the following year.

Exports by Country

China prevails in exports structure, accounting for X units, which was near X% of total exports in 2022. Singapore (X units) and Japan (X units) took a minor share of total exports.

China was also the fastest-growing in terms of the automatic gravimetric filling machines exports, with a CAGR of X% from 2012 to 2022. Japan and Singapore experienced a relatively flat trend pattern. China (X p.p.) significantly strengthened its position in terms of the total exports, while Japan and Singapore saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Japan ($X), China ($X) and Singapore ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Singapore, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia stood at $X per unit in 2022, waning by X% against the previous year. Overall, the export price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2016 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per unit), while China ($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 (X%), while the other leaders experienced mixed trends in the export price figures.

Gravimetric Filling Machine Imports

Imports in Asia

Gravimetric filling machine imports dropped significantly to X units in 2022, with a decrease of X% on 2021. Over the period under review, imports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, gravimetric filling machine imports shrank to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of gravimetric filling machine imports in 2022 were Singapore (X units), Myanmar (X units) and Malaysia (X units), together resulting at X% of total import. It was distantly followed by Pakistan (X units), the Philippines (X units) and China (X units), together creating a X% share of total imports. Thailand (X units), Kuwait (X units), Hong Kong SAR (X units) and India (X units) took a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Myanmar (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported automatic gravimetric filling machines in Asia, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports. It was followed by Thailand, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: India (X% per year) and Thailand (X% per year).

Import Prices by Country

The import price in Asia stood at $X per unit in 2022, with an increase of X% against the previous year. Overall, the import price, however, showed a abrupt downturn. The growth pace was the most rapid in 2017 when the import price increased by X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per unit), while Myanmar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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