U.S.: Filling Containers Machinery Market 2024

Filling Containers Machinery Market Size in the U.S.

The U.S. filling containers machinery market reached $X in 2022, leveling off at the previous year. Overall, consumption, however, saw a slight slump. Filling containers machinery consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Filling Containers Machinery Production in the U.S.

In value terms, filling containers machinery production amounted to $X in 2022. In general, production, however, saw a perceptible descent. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Filling Containers Machinery Exports

Exports from the U.S.

In 2022, overseas shipments of machinery for filling, closing, sealing, capsuling or labelling containers increased by X% to X units, rising for the second consecutive year after two years of decline. In general, total exports indicated a strong 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, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2013 with an increase of 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 years to come.

In value terms, filling containers machinery exports shrank 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 remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of X%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Mexico (X units) was the main destination for filling containers machinery exports from the United States, with a X% share of total exports. Moreover, filling containers machinery exports to Mexico exceeded the volume sent to the second major destination, Canada (X units), twofold. The third position in this ranking was taken by Australia (X units), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Mexico stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and Australia (X% per year).

In value terms, Canada ($X) remains the key foreign market for machinery for filling, closing, sealing, capsuling or labelling containers exports from the United States, comprising X% of total exports. The second position in the ranking was held by Mexico ($X), with a X% share of total exports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Canada stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and the UK (X% per year).

Export Prices by Country

The average filling containers machinery export price stood at $X per unit in 2022, reducing by X% against the previous year. In general, the export price recorded a abrupt contraction. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Australia ($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 Canada (X%), while the prices for the other major destinations experienced a decline.

Filling Containers Machinery Imports

Imports into the U.S.

In 2022, purchases abroad of machinery for filling, closing, sealing, capsuling or labelling containers decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. In general, total imports indicated strong growth 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 2019 indices. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of X units, and then shrank in the following year.

In value terms, filling containers machinery imports contracted 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 2016 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

In 2022, Italy (X units) constituted the largest filling containers machinery supplier to the United States, with a X% share of total imports. Moreover, filling containers machinery imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X units), more than tenfold. The third position in this ranking was taken by France (X units), with a X% share.

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

In value terms, Germany ($X), Italy ($X) and Canada ($X) appeared to be the largest filling containers machinery suppliers to the United States, together comprising X% of total imports. China, Japan, the Netherlands, Taiwan (Chinese), France, Sweden and South Korea lagged somewhat behind, together comprising a further X%.

Sweden, 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

In 2022, the average filling containers machinery import price amounted to $X per unit, picking up by X% against the previous year. Overall, the import price, however, showed a perceptible downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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