Report Update: May 1, 2024

Italy - 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 Italy - 2023

Tobacco Making Machinery Price in Italy (FOB) - 2022

In 2022, the average tobacco making machinery export price amounted to $727 per unit, falling by -26.5% against the previous year. Overall, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when the average export price increased by 43%. The export price peaked at $989 per unit in 2021, and then fell rapidly in the following year.

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 the United States ($1,371 per unit), while the average price for exports to Mexico ($246 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 Japan (+14.1%), while the prices for the other major destinations experienced more modest paces of growth.

Tobacco Making Machinery Price in Italy (CIF) - 2022

The average tobacco making machinery import price stood at $694 per unit in 2022, falling by -6% against the previous year. In general, the import price, however, posted a significant expansion. The pace of growth was the most pronounced in 2013 an increase of 698% against the previous year. Over the period under review, average import prices reached the maximum at $879 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($3,141 per unit), while the price for North Macedonia ($52 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+41.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Tobacco Making Machinery Exports in Italy

In 2022, shipments abroad of machinery for the preparation or making up of tobacco was finally on the rise to reach 268K units after two years of decline. In general, exports, however, showed a abrupt slump. Over the period under review, the exports attained the peak figure at 511K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, tobacco making machinery exports reduced notably to $195M in 2022. Overall, exports, however, showed a abrupt decline. The smallest decline of -11.9% was in 2021. Over the period under review, the exports reached the maximum at $307M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Tobacco Making Machinery in Italy (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	8.6	15.1	21.4	32.8	56.2%
United States	17.2	26.4	32.8	23.3	10.6%
Indonesia	17.1	10.3	5.0	17.4	0.6%
Hungary	7.3	18.7	4.8	15.9	29.6%
Romania	1.0	3.9	15.5	15.2	147.7%
Greece	6.5	0.6	20.6	15.2	32.7%
Turkey	1.4	8.2	24.4	13.1	110.7%
Poland	19.9	16.2	12.0	9.1	-23.0%
Jordan	7.0	7.0	0.6	6.0	-5.0%
Mexico	1.0	5.0	0.7	4.1	60.1%
Russia	69.8	12.8	0.6	N/A	-90.7%
Egypt	22.5	0.4	0.5	N/A	-85.1%
Iran	14.0	0.1	0.1	N/A	-91.5%
Others	113	137	91.2	43.0	-27.5%
Total	307	261	230	195	-14.0%

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

Hungary (45.7K units)
China (37.2K units)
Indonesia (29.6K units)
Poland (23.3K units)
Romania (22.3K units)
United States (17.0K units)
Mexico (16.6K units)
Turkey (13.6K units)
Greece (13.1K units)
Jordan (7.7K units)

Tobacco Making Machinery Imports in Italy

In 2022, overseas purchases of machinery for the preparation or making up of tobacco increased by 6.3% to 19K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a abrupt slump. Imports peaked at 23K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, tobacco making machinery imports dropped modestly to $13M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +13.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -9.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 60%. As a result, imports reached the peak of $14M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Tobacco Making Machinery in Italy (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Hungary	2.8	4.8	2.9	5.4	24.5%
Germany	4.1	0.9	1.4	2.9	-10.9%
Czech Republic	N/A	N/A	1.3	2.7	107.7%
Spain	0.1	0.2	0.2	0.6	81.7%
North Macedonia	N/A	N/A	N/A	0.4	0%
Netherlands	0.8	N/A	2.0	0.3	-27.9%
Lebanon	N/A	N/A	N/A	0.1	0%
Others	1.2	8.4	5.1	0.6	-20.6%
Total	8.9	14.3	13.0	13.0	13.5%

Top Suppliers of Tobacco Making Machinery to Italy in 2022:

North Macedonia (6.9K units)
Hungary (4.3K units)
Germany (2.9K units)
Spain (1.6K units)
Czech Republic (0.8K units)
Netherlands (0.7K units)
Lebanon (0.6K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the tobacco making machinery market in Italy. 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:

Italy

Data coverage:

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

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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