EU: Machinery For Packing Market 2024

Machinery For Packing Market Size in the EU

The EU machinery for packing market rose to $X in 2022, with an increase of X% against the previous year. The total consumption indicated modest growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Machinery For Packing Production in the EU

In value terms, machinery for packing production rose significantly to $X in 2022 estimated in export price. The total production indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2019 indices. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Machinery For Packing Exports

Exports in the EU

In 2022, approx. X units of machinery for packing or wrapping were exported in the European Union; with a decrease of X% compared with the year before. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when exports increased by X%. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, machinery for packing exports dropped rapidly to $X in 2022. In general, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Italy was the key exporter of machinery for packing or wrapping in the European Union, with the volume of exports accounting for X units, which was near X% of total exports in 2022. Germany (X units) held the second position in the ranking, distantly followed by the Netherlands (X units) and Spain (X units). All these countries together took approx. X% share of total exports. The following exporters - France (X units), Ireland (X units), Denmark (X units) and Sweden (X units) - together made up X% of total exports.

Exports from Italy increased at an average annual rate of X% from 2012 to 2022. At the same time, the Netherlands (X%), Denmark (X%) and Spain (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. France experienced a relatively flat trend pattern. By contrast, Ireland (X%), Germany (X%) and Sweden (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Netherlands and Italy increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest machinery for packing supplying countries in the European Union were Italy ($X), Germany ($X) and the Netherlands ($X), with a combined X% share of total exports. Spain, France, Denmark, Sweden and Ireland lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Denmark, with a CAGR of X%, saw 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 export price in the European Union stood at $X per unit in 2022, with a decrease of X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. The level of export peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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

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

Machinery For Packing Imports

Imports in the EU

After two years of growth, overseas purchases of machinery for packing or wrapping decreased by X% to X units in 2022. The total import volume increased at an average annual rate of X% over the period 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 2016 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2021, and then contracted in the following year.

In value terms, machinery for packing imports shrank rapidly to $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by X%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Germany (X units) and France (X units) were the largest importers of machinery for packing or wrapping in the European Union, together generating X% of total imports. It was followed by Spain (X units), the Netherlands (X units), Italy (X units), Poland (X units), Belgium (X units), Austria (X units) and the Czech Republic (X units), together making up a X% share of total imports. Romania (X units), Portugal (X units), Hungary (X units) and Greece (X units) followed a long way behind the leaders.

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

In value terms, Germany ($X), France ($X) and Poland ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Spain, Italy, the Netherlands, Hungary, the Czech Republic, Austria, Belgium, Romania, Portugal and Greece lagged somewhat behind, together comprising a further X%.

The Czech Republic, with a CAGR of X%, 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 leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per unit, remaining relatively unchanged against the previous year. Over the period under review, the import price showed a perceptible curtailment. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Hungary ($X per unit), while Greece ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :