India: Filling Containers Machinery Market 2024

Filling Containers Machinery Market Size in India

The Indian filling containers machinery market stood at $X in 2022, flattening at the previous year. Overall, consumption continues to indicate a perceptible contraction. As a result, consumption reached the peak level of $X.3B. From 2018 to 2022, the growth of the market remained at a lower figure.

Filling Containers Machinery Production in India

In value terms, filling containers machinery production reached $X in 2022 estimated in export price. In general, production recorded a noticeable contraction. The growth pace was the most rapid in 2017 with an increase of X%. As a result, production reached the peak level of $X.3B. From 2018 to 2022, production growth remained at a somewhat lower figure.

Filling Containers Machinery Exports

Exports from India

In 2022, overseas shipments of machinery for filling, closing, sealing, capsuling or labelling containers increased by X% to X units, rising for the second year in a row after three years of decline. The total export volume 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 pace of growth was the most pronounced in 2021 with an increase of X%. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, filling containers machinery exports reached $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Nepal (X units), Nigeria (X units) and Bangladesh (X units) were the main destinations of filling containers machinery exports from India, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Nepal (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X), the United Arab Emirates ($X) and the United States ($X) appeared to be the largest markets for filling containers machinery exported from India worldwide, together accounting for X% of total exports. Nepal, Bangladesh, Kenya, Iran, Indonesia, Tanzania, Sri Lanka, Saudi Arabia, Ghana and Mozambique lagged somewhat behind, together accounting for a further X%.

Nepal, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average filling containers machinery export price stood at $X per unit in 2022, shrinking by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Mozambique ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Filling Containers Machinery Imports

Imports into India

In 2022, supplies from abroad of machinery for filling, closing, sealing, capsuling or labelling containers increased by X% to X units, rising for the second year in a row after two years of decline. In general, total imports indicated a noticeable increase 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. Based on 2022 figures, imports increased by X% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, filling containers machinery imports surged to $X in 2022. Over the period under review, total imports indicated a buoyant 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. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest filling containers machinery supplier to India, with a X% share of total imports. Moreover, filling containers machinery imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), sixfold. The third position in this ranking was held by Italy (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Italy (X% per year).

In value terms, the largest filling containers machinery suppliers to India were China ($X), Germany ($X) and Italy ($X), with a combined X% share of total imports. The Netherlands, Taiwan (Chinese), France, Spain, Japan, Malaysia, Sweden, South Korea and Switzerland lagged somewhat behind, together accounting for a further X%.

The Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average filling containers machinery import price stood at $X per unit in 2022, surging by X% against the previous year. Overall, import price indicated a mild expansion from 2012 to 2022: its price 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, filling containers machinery import price decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2017 to 2022, the average import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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