GCC: Gravimetric Filling Machine Market 2024

Gravimetric Filling Machine Market Size in GCC

The GCC gravimetric filling machine market fell to $X in 2022, shrinking by X% against the previous year. Overall, consumption, however, showed a perceptible setback. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Gravimetric Filling Machine Production in GCC

In value terms, gravimetric filling machine production declined to $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Gravimetric Filling Machine Exports

Exports in GCC

In 2022, exports of automatic gravimetric filling machines in GCC declined notably to X units, dropping by X% against 2021. In general, exports showed a abrupt downturn. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports attained the peak figure at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, gravimetric filling machine exports soared to $X in 2022. Over the period under review, exports, however, showed buoyant growth. The pace of growth appeared the most rapid in 2017 when exports increased by X%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United Arab Emirates dominates exports structure, accounting for X units, which was approx. X% of total exports in 2022. It was distantly followed by Kuwait (X units), comprising a X% share of total exports. Bahrain (X units) held a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to gravimetric filling machine exports from the United Arab Emirates stood at X%. At the same time, Kuwait (X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing exporter exported in GCC, with a CAGR of X% from 2012-2022. By contrast, Bahrain (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kuwait and Bahrain increased by X and X percentage points, respectively.

In value terms, the United Arab Emirates ($X) remains the largest gravimetric filling machine supplier in GCC, comprising X% of total exports. The second position in the ranking was held by Kuwait ($X), with a X% share of total exports.

In the United Arab Emirates, gravimetric filling machine exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Kuwait (X% per year) and Bahrain (X% per year).

Export Prices by Country

The export price in GCC stood at $X per unit in 2022, rising by X% against the previous year. Overall, the export price saw significant growth. The level of export peaked at $X per unit in 2017; afterwards, it flattened through to 2022.

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

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

Gravimetric Filling Machine Imports

Imports in GCC

In 2022, purchases abroad of automatic gravimetric filling machines was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Overall, imports saw a prominent increase. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, imports hit record highs at X units in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, gravimetric filling machine imports reduced sharply to $X in 2022. Over the period under review, imports, however, saw a abrupt descent. The growth pace was the most rapid in 2016 when imports increased by X%. The level of import peaked at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

Kuwait represented the key importer of automatic gravimetric filling machines in GCC, with the volume of imports resulting at X units, which was near X% of total imports in 2022. The United Arab Emirates (X units) held the second position in the ranking, followed by Bahrain (X units). All these countries together held near X% share of total imports.

Imports into Kuwait decreased at an average annual rate of X% from 2012 to 2022. At the same time, Bahrain (X%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing importer imported in GCC, with a CAGR of X% from 2012-2022. By contrast, the United Arab Emirates (X%) illustrated a downward trend over the same period. Kuwait (X p.p.) significantly strengthened its position in terms of the total imports, while Bahrain and the United Arab Emirates saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported automatic gravimetric filling machines in GCC, comprising X% of total imports. The second position in the ranking was taken by Kuwait ($X), with a X% share of total imports.

In the United Arab Emirates, gravimetric filling machine imports contracted by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Kuwait (X% per year) and Bahrain (X% per year).

Import Prices by Country

The import price in GCC stood at $X per unit in 2022, waning by X% against the previous year. In general, the import price recorded a sharp decline. The most prominent rate of growth was recorded in 2016 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 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 the United Arab Emirates ($X per unit), while Kuwait ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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