EU: Personal Weighing Machine Market 2024

Personal Weighing Machine Market Size in the EU

After six years of growth, the EU personal weighing machine market decreased by X% to $X in 2022. The total consumption indicated a noticeable increase 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. The level of consumption peaked at $X in 2021, and then dropped notably in the following year.

Personal Weighing Machine Production in the EU

In value terms, personal weighing machine production expanded rapidly to $X in 2022 estimated in export price. In general, production showed a slight increase. The pace of growth was the most pronounced in 2015 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Personal Weighing Machine Exports

Exports in the EU

In 2022, shipments abroad of personal weighing machines decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, saw a remarkable increase. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2021, and then dropped in the following year.

In value terms, personal weighing machine exports reduced dramatically to $X in 2022. Over the period under review, exports, however, continue to indicate a notable increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2021, and then dropped significantly in the following year.

Exports by Country

The shipments of the three major exporters of personal weighing machines, namely Germany, the Netherlands and Poland, represented more than half of total export. Spain (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Greece (X%), Austria (X%), the Czech Republic (X%), Belgium (X%) and France (X%).

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

In value terms, Germany ($X), the Netherlands ($X) and Poland ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

Poland, with a CAGR of X%, 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 leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the export price continues to indicate a perceptible decline. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was France ($X per unit), while Greece ($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 mixed trends in the export price figures.

Personal Weighing Machine Imports

Imports in the EU

In 2022, after three years of growth, there was significant decline in supplies from abroad of personal weighing machines, when their volume decreased by X% to X units. Total imports indicated a notable expansion from 2012 to 2022: its volume 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. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of X units, and then shrank significantly in the following year.

In value terms, personal weighing machine imports fell rapidly to $X in 2022. Total imports indicated a pronounced 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. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then contracted sharply in the following year.

Imports by Country

In 2022, Germany (X units), distantly followed by France (X units), the Netherlands (X units), Spain (X units), Italy (X units), Poland (X units), Austria (X units) and Belgium (X units) represented the key importers of personal weighing machines, together mixing up X% of total imports. The Czech Republic (X units), Greece (X units), Hungary (X units), Romania (X units) and Sweden (X units) held a minor share of total imports.

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 the Netherlands ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Poland, Italy, Belgium, Spain, Austria, the Czech Republic, Sweden, Hungary, Romania and Greece lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, 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, approximately equating the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Sweden ($X per unit), while Greece ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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