ASEAN: Gravimetric Filling Machine Market 2024

Gravimetric Filling Machine Market Size in ASEAN

For the third consecutive year, the ASEAN gravimetric filling machine market recorded growth in sales value, which increased by X% to $X in 2022. In general, consumption, however, saw tangible growth. The level of consumption peaked in 2022 and is likely to see steady growth in the immediate term.

Gravimetric Filling Machine Production in ASEAN

In value terms, gravimetric filling machine production declined remarkably to $X in 2022 estimated in export price. In general, production continues to indicate a sharp reduction. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Gravimetric Filling Machine Exports

Exports in ASEAN

In 2022, shipments abroad of automatic gravimetric filling machines increased by X% to X units, rising for the fourth year in a row after three years of decline. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, gravimetric filling machine exports soared to $X in 2022. In general, exports saw a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The shipments of the one major exporters of automatic gravimetric filling machines, namely Singapore, represented more than two-thirds of total export.

Singapore experienced a relatively flat trend pattern with regard to volume of exports of automatic gravimetric filling machines. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) also remains the largest gravimetric filling machine supplier in ASEAN.

In Singapore, gravimetric filling machine exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per unit, declining by X% against the previous year. Over the period under review, the export price, however, continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, the export prices attained the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to X% per year.

Gravimetric Filling Machine Imports

Imports in ASEAN

In 2022, imports of automatic gravimetric filling machines in ASEAN contracted rapidly to X units, falling by X% against the previous year's figure. Over the period under review, imports, however, continue to indicate a resilient expansion. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. The volume of import peaked at X units in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, gravimetric filling machine imports shrank to $X in 2022. Total imports indicated a measured 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. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2015 when imports increased by X%. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

The countries with the highest levels of gravimetric filling machine imports in 2022 were Singapore (X units), Myanmar (X units) and Malaysia (X units), together reaching X% of total import. It was distantly followed by the Philippines (X units) and Thailand (X units), together making up a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Myanmar (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X) constitutes the largest market for imported automatic gravimetric filling machines in ASEAN, comprising X% of total imports. The second position in the ranking was held by Malaysia ($X), with an X% share of total imports. It was followed by the Philippines, with a X% share.

In Thailand, 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: Malaysia (X% per year) and the Philippines (X% per year).

Import Prices by Country

The import price in ASEAN stood at $X per unit in 2022, picking up by X% against the previous year. In general, the import price, however, continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2017 when the import price increased by X%. Over the period under review, import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Thailand ($X per unit), while Myanmar ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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