Asia-Pacific: Tobacco Making Machinery Market 2024

Tobacco Making Machinery Market Size in Asia-Pacific

The Asia-Pacific tobacco making machinery market was finally on the rise to reach $X in 2022, after two years of decline. The total consumption indicated a prominent 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, consumption attained the peak level and is likely to continue growth in the immediate term.

Tobacco Making Machinery Production in Asia-Pacific

In value terms, tobacco making machinery production fell modestly to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

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Tobacco Making Machinery Exports

Exports in Asia-Pacific

In 2022, exports of machinery for the preparation or making up of tobacco in Asia-Pacific skyrocketed to X units, growing by X% against 2021 figures. In general, exports, however, continue to indicate a deep setback. The volume of export peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, tobacco making machinery exports skyrocketed to $X in 2022. Total exports indicated a tangible expansion 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, exports increased by X% against 2020 indices. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, China (X units) was the largest exporter of machinery for the preparation or making up of tobacco, constituting X% of total exports. Japan (X units) ranks second in terms of the total exports with a X% share, followed by Singapore (X%). The following exporters - Thailand (X units), Indonesia (X units), Malaysia (X units) and Taiwan (Chinese) (X units) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to tobacco making machinery exports from China stood at X%. At the same time, Thailand (X%), Japan (X%), Indonesia (X%) and Singapore (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. Taiwan (Chinese) experienced a relatively flat trend pattern. By contrast, Malaysia (X%) illustrated a downward trend over the same period. Japan (X p.p.), Singapore (X p.p.), Thailand (X p.p.), Indonesia (X p.p.) and Taiwan (Chinese) (X p.p.) significantly strengthened its position in terms of the total exports, while China saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest tobacco making machinery supplying countries in Asia-Pacific were Indonesia ($X), Singapore ($X) and Malaysia ($X), with a combined X% share of total exports.

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

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per unit, with an increase of X% against the previous year. Overall, the export price showed a significant expansion. The pace of growth was the most pronounced in 2015 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

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

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

Tobacco Making Machinery Imports

Imports in Asia-Pacific

In 2022, the amount of machinery for the preparation or making up of tobacco imported in Asia-Pacific totaled X units, increasing by X% compared with the previous year. Overall, imports saw a tangible increase. The pace of growth appeared the most rapid in 2013 when imports increased by X%. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, tobacco making machinery imports soared to $X in 2022. Over the period under review, imports, however, showed a abrupt descent. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Australia was the major importing country with an import of about X units, which recorded X% of total imports. The Philippines (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by New Zealand (X%). Indonesia (X units) held a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to tobacco making machinery imports into Australia stood at X%. At the same time, the Philippines (X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, New Zealand (X%) and Indonesia (X%) illustrated a downward trend over the same period. The Philippines (X p.p.) and Australia (X p.p.) significantly strengthened its position in terms of the total imports, while Indonesia and New Zealand saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Indonesia ($X) constitutes the largest market for imported machinery for the preparation or making up of tobacco in Asia-Pacific, comprising X% of total imports. The second position in the ranking was taken by the Philippines ($X), with a X% share of total imports. It was followed by Australia, with a X% share.

In Indonesia, tobacco making machinery imports decreased by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: the Philippines (X% per year) and Australia (X% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per unit in 2022, picking up by X% against the previous year. Overall, the import price, however, continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2014 when the import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the import prices remained 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 Indonesia ($X per unit), while New Zealand ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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