Report Update: May 1, 2024

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

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Tobacco Making Machinery Price in the United States - 2023

Tobacco Making Machinery Price in the United States (CIF) - 2022

In 2022, the average tobacco making machinery import price amounted to $68 per unit, growing by 36% against the previous year. In general, the import price, however, showed a deep contraction. Over the period under review, average import prices hit record highs at $282 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($100 per unit), while the price for the Netherlands ($7.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+544.7%), while the prices for the other major suppliers experienced a decline.

Tobacco Making Machinery Price in the United States (FOB) - 2023

In July 2023, the average tobacco making machinery export price amounted to $21,887 per unit, declining by -24.7% against the previous month. In general, export price indicated a slight increase from July 2022 to July 2023: its price increased at an average monthly rate of +1.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, tobacco making machinery export price increased by +16.4% against April 2023 indices. The growth pace was the most rapid in October 2022 an increase of 88% month-to-month. As a result, the export price reached the peak level of $34,821 per unit; afterwards, it flattened through to July 2023.

There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was the Dominican Republic ($32,289 per unit), while the average price for exports to Turkey ($17,500 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+69.4%), while the prices for the other major destinations experienced more modest paces of growth.

Tobacco Making Machinery Imports in the United States

For the fourth year in a row, the United States recorded growth in purchases abroad of machinery for the preparation or making up of tobacco, which increased by 11% to 763K units in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +17.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 21%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, tobacco making machinery imports surged to $52M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +10.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Tobacco Making Machinery in the United States (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	10.1	11.0	5.2	21.9	29.4%
Germany	6.8	0.2	9.5	12.0	20.8%
China	6.9	8.2	6.5	6.7	-1.0%
Indonesia	3.7	3.8	5.2	4.3	5.1%
United Kingdom	2.2	0.7	5.0	2.2	0.0%
Netherlands	4.8	2.8	0.5	1.0	-40.7%
Bulgaria	N/A	N/A	N/A	0.8	0%
Dominican Republic	1.2	0.4	0.4	0.5	-25.3%
Australia	N/A	0.1	N/A	N/A	0%
Others	2.4	4.2	2.2	2.6	2.7%
Total	38.2	31.5	34.6	52.1	10.9%

Top Suppliers of Tobacco Making Machinery to the United States in 2022:

Italy (218.6K units)
Netherlands (125.5K units)
Germany (120.2K units)
Bulgaria (78.4K units)
United Kingdom (77.0K units)
China (66.9K units)
Indonesia (43.4K units)
Dominican Republic (14.8K units)
Australia (0.4K units)

Tobacco Making Machinery Exports in the United States

In 2022, approx. 48K units of machinery for the preparation or making up of tobacco were exported from the United States; jumping by 16% on the year before. Overall, exports, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 33%. Over the period under review, the exports hit record highs at 74K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, tobacco making machinery exports declined dramatically to $25M in 2022. Over the period under review, exports, however, saw a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 59%. Over the period under review, the exports reached the maximum at $44M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Tobacco Making Machinery in the United States (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Dominican Republic	14.9	7.2	12.2	9.2	-14.8%
Canada	2.2	0.5	1.5	3.8	20.0%
Mexico	0.4	4.5	1.9	3.2	100.0%
China	N/A	N/A	N/A	2.7	0%
Hungary	2.0	N/A	N/A	1.9	-1.7%
Germany	1.2	1.3	2.0	0.7	-16.4%
Indonesia	0.1	N/A	0.6	0.3	44.2%
Sweden	14.6	N/A	N/A	N/A	0%
Japan	N/A	2.5	N/A	N/A	0%
Ukraine	N/A	N/A	9.0	N/A	0%
Others	8.4	3.3	3.6	3.2	-27.5%
Total	43.7	19.3	30.7	25.0	-17.0%

Top Export Markets for Tobacco Making Machinery from the United States in 2022:

China (15.9K units)
Dominican Republic (12.1K units)
Canada (7.2K units)
Mexico (5.4K units)
Indonesia (1.7K units)
Hungary (1.3K units)
Germany (1.0K units)

Source: IndexBox Market Intelligence Platform

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

United States

Data coverage:

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