United Kingdom - Machinery For Packing Or Wrapping - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMachinery for Packing Price in the UK - 2023
Contents:
- Machinery for Packing Price in the UK (CIF) - 2023
- Machinery for Packing Price in the UK (FOB) - 2022
- Machinery for Packing Imports in the UK
- Machinery for Packing Exports in the UK
Machinery for Packing Price in the UK (CIF) - 2023
The average machinery for packing import price stood at $1,253 per unit in August 2023, with a decrease of -4.8% against the previous month. Overall, import price indicated a temperate expansion from August 2022 to August 2023: its price increased at an average monthly rate of +3.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, machinery for packing import price increased by +21.7% against March 2023 indices. The most prominent rate of growth was recorded in July 2023 an increase of 36% against the previous month. As a result, import price reached the peak level of $1,316 per unit, and then dropped in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($2,215 per unit), while the price for China ($179 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Denmark (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Machinery for Packing Price in the UK (FOB) - 2022
In 2022, the average machinery for packing export price amounted to $657 per unit, declining by -8.5% against the previous year. Over the period under review, the export price continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2017 an increase of 16%. The export price peaked at $1,128 per unit in 2013; however, from 2014 to 2022, the export prices remained at a 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 ($1,648 per unit), while the average price for exports to Ireland ($82 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 Arab Emirates (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.
Machinery for Packing Imports in the UK
Machinery for packing imports into the UK skyrocketed to 429K units in 2022, jumping by 16% compared with the previous year's figure. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +11.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 28% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, machinery for packing imports expanded notably to $279M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.6% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 39% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.
Import of Machinery for Packing in the UK (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 53.9 | 48.9 | 68.8 | 93.1 | 20.0% |
Germany | 46.7 | 29.4 | 43.5 | 59.7 | 8.5% |
Netherlands | 22.0 | 30.4 | 29.3 | 42.7 | 24.7% |
France | 8.0 | 13.4 | 12.6 | 9.8 | 7.0% |
Spain | 11.7 | 5.8 | 9.9 | 9.8 | -5.7% |
China | 5.0 | 6.7 | 12.0 | 8.5 | 19.3% |
Denmark | 2.4 | 2.7 | 4.9 | 5.5 | 31.8% |
Taiwan (Chinese) | 3.6 | 3.4 | 6.3 | 5.3 | 13.8% |
Ireland | 5.1 | 3.3 | 6.6 | 4.7 | -2.7% |
San Marino | 4.1 | 4.1 | 4.9 | 3.5 | -5.1% |
Others | 26.9 | 27.7 | 45.5 | 36.2 | 10.4% |
Total | 189 | 176 | 244 | 279 | 13.9% |
Top Suppliers of Machinery for Packing to the UK in 2022:
- Netherlands (117.9K units)
- Italy (110.6K units)
- Germany (49.3K units)
- China (29.7K units)
- Ireland (21.5K units)
- Taiwan (Chinese) (16.8K units)
- San Marino (15.0K units)
- Denmark (11.1K units)
- Spain (9.6K units)
- France (9.4K units)
Machinery for Packing Exports in the UK
In 2022, machinery for packing exports from the UK dropped dramatically to 170K units, reducing by -16.5% compared with the previous year. In general, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +5.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +23.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 48% against the previous year. As a result, the exports reached the peak of 203K units, and then declined significantly in the following year.
In value terms, machinery for packing exports plummeted to $111M in 2022. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 37% against the previous year. As a result, the exports reached the peak of $146M, and then dropped dramatically in the following year.
Export of Machinery for Packing in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 27.0 | 30.9 | 45.8 | 31.2 | 4.9% |
Morocco | 0.5 | 1.0 | 0.7 | 10.2 | 173.2% |
Netherlands | 9.3 | 7.3 | 9.4 | 10.2 | 3.1% |
Ireland | 8.0 | 8.1 | 10.1 | 6.9 | -4.8% |
Australia | 1.8 | 4.1 | 3.9 | 4.1 | 31.6% |
China | 1.0 | 0.6 | 3.3 | 3.9 | 57.4% |
Spain | 1.2 | 0.6 | 7.3 | 3.1 | 37.2% |
Italy | 1.4 | 0.7 | 3.6 | 1.8 | 8.7% |
Canada | 8.3 | 5.0 | 5.8 | 1.1 | -49.0% |
Others | 52.6 | 47.8 | 56.2 | 38.9 | -9.6% |
Total | 111 | 106 | 146 | 111 | 0.0% |
Top Export Markets for Machinery for Packing from the UK in 2022:
- Ireland (84.1K units)
- United States (18.9K units)
- Netherlands (11.2K units)
- Morocco (6.4K units)
- Australia (3.1K units)
- Spain (3.1K units)
- China (2.6K units)
- Italy (2.5K units)
- Canada (0.5K units)
This report provides an in-depth analysis of the machinery for packing market in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28292180 - Machinery for packing or wrapping (excluding for filling, c losing, sealing, capsuling or labelling bottles, cans, boxes, b ags or other containers)
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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