China - Machinery For The Preparation Or Making Up Of Tobacco - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

China - Machinery For The Preparation Or Making Up Of Tobacco - Market Analysis, Forecast, Size, Trends And Insights

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Tobacco Making Machinery Price in China - 2023

Contents:

  1. Tobacco Making Machinery Price in China (CIF) - 2023
  2. Tobacco Making Machinery Price in China (FOB) - 2022
  3. Tobacco Making Machinery Imports in China
  4. Tobacco Making Machinery Exports in China

Tobacco Making Machinery Price in China (CIF) - 2023

In June 2023, the average tobacco making machinery import price amounted to $622K per unit, picking up by 78% against the previous month. Overall, the import price, however, recorded a deep slump. The pace of growth was the most pronounced in February 2023 an increase of 389% m-o-m. As a result, import price reached the peak level of $2.1M per unit. From March 2023 to June 2023, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Italy.

From June 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to +28.8% per month.

Tobacco Making Machinery Price in China (FOB) - 2022

The average tobacco making machinery export price stood at $186 per unit in 2022, shrinking by -2.6% against the previous year. In general, the export price recorded a deep setback. The most prominent rate of growth was recorded in 2017 when the average export price increased by 37%. The export price peaked at $737 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($639 per unit), while the average price for exports to Panama ($9.8 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 Taiwan (Chinese) (+6.5%), while the prices for the other major destinations experienced mixed trend patterns.

Tobacco Making Machinery Imports in China

In 2022, tobacco making machinery imports into China soared to 44K units, growing by 119% against the previous year. Overall, imports continue to indicate temperate growth. Over the period under review, imports reached the maximum at 54K units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, tobacco making machinery imports soared to $70M in 2022. In general, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports attained the maximum at $86M in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Import of Tobacco Making Machinery in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany45.563.720.636.1-7.4%
Poland1.35.40.28.889.2%
Italy16.54.88.98.7-19.2%
United States0.2N/AN/A3.2152.0%
HungaryN/A6.11.92.3-38.6%
NetherlandsN/AN/AN/A1.80%
United Kingdom1.94.81.90.8-25.0%
Others4.90.78.68.218.7%
Total70.385.642.169.8-0.2%

Top Suppliers of Tobacco Making Machinery to China in 2022:

  1. United States (10.2K units)
  2. Germany (10.0K units)
  3. Hungary (8.0K units)
  4. Netherlands (6.1K units)
  5. Italy (5.2K units)
  6. Poland (3.4K units)
  7. United Kingdom (0.4K units)

Tobacco Making Machinery Exports in China

In 2022, approx. 94K units of machinery for the preparation or making up of tobacco were exported from China; jumping by 34% compared with 2021. In general, exports recorded significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 159% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, tobacco making machinery exports soared to $17M in 2022. Overall, exports, however, continue to indicate a abrupt descent. Over the period under review, the exports reached the peak figure at $23M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Tobacco Making Machinery in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia0.82.33.74.780.4%
United States2.12.71.82.810.1%
Belgium0.81.21.92.342.2%
FranceN/A0.11.01.2246.4%
NetherlandsN/AN/AN/A1.10%
South KoreaN/AN/AN/A0.80%
IndonesiaN/AN/AN/A0.30%
United Arab Emirates4.00.41.00.2-63.2%
PanamaN/AN/AN/AN/A0%
KazakhstanN/AN/AN/AN/A0%
Philippines2.0N/AN/AN/A0%
UruguayN/AN/AN/AN/A0%
Ukraine2.00.41.4N/A-16.3%
Others11.23.92.43.9-29.6%
Total23.111.013.317.4-9.0%

Top Export Markets for Tobacco Making Machinery from China in 2022:

  1. Ukraine (undefinedK units)
  2. Belgium (25.2K units)
  3. United States (19.5K units)
  4. France (17.0K units)
  5. Russia (13.0K units)
  6. South Korea (2.9K units)
  7. Panama (2.5K units)
  8. Indonesia (2.4K units)
  9. Netherlands (1.7K units)
  10. Kazakhstan (1.5K units)
  11. United Arab Emirates (0.6K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the tobacco making machinery market in China. 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 28931900 - Machinery for the preparation or making up of tobacco

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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