Australia and Oceania: Tobacco Making Machinery Market 2023

Tobacco Making Machinery Exports

Exports in Australia and Oceania

In 2021, approx. X units of machinery for the preparation or making up of tobacco were exported in Australia and Oceania; falling by -38.5% on 2020. Overall, exports recorded a dramatic decrease. The pace of growth was the most pronounced in 2013 when exports increased by 44% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, tobacco making machinery exports shrank slightly to $X in 2021. In general, exports recorded a sharp curtailment. The pace of growth was the most pronounced in 2013 with an increase of 30% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

New Zealand (X units) and Australia (X units) dominates exports structure, together achieving 97% of total exports. Papua New Guinea (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Papua New Guinea (with a CAGR of 0.0%), while the other leaders experienced a decline in the exports figures.

In value terms, New Zealand ($X) remains the largest tobacco making machinery supplier in Australia and Oceania, comprising 84% of total exports. The second position in the ranking was taken by Australia ($X), with a 15% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in New Zealand stood at +55.7%. In the other countries, the average annual rates were as follows: Australia (-39.0% per year) and Papua New Guinea (-9.6% per year).

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2021, rising by 54% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the export price increased by 207% against the previous year. Over the period under review, the export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was New Zealand ($X per unit), while Papua New Guinea ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+58.2%), while the other leaders experienced a decline in the export price figures.

Tobacco Making Machinery Imports

Imports in Australia and Oceania

In 2021, imports of machinery for the preparation or making up of tobacco in Australia and Oceania reduced rapidly to X units, shrinking by -33.4% on 2020. Overall, imports, however, recorded prominent growth. The pace of growth was the most pronounced in 2013 with an increase of 307%. As a result, imports attained the peak of X units. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, tobacco making machinery imports surged to $X in 2021. Over the period under review, imports, however, continue to indicate a prominent increase. The growth pace was the most rapid in 2013 with an increase of 132% against the previous year. The level of import peaked in 2021 and is expected to retain growth in the near future.

Imports by Country

In 2021, Australia (X units) was the largest importer of machinery for the preparation or making up of tobacco, constituting 78% of total imports. It was distantly followed by New Zealand (X units), comprising a 22% share of total imports.

Australia was also the fastest-growing in terms of the machinery for the preparation or making up of tobacco imports, with a CAGR of +20.8% from 2012 to 2021. New Zealand (-6.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Australia increased by +52 percentage points.

In value terms, Australia ($X) constitutes the largest market for imported machinery for the preparation or making up of tobacco in Australia and Oceania, comprising 26% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 3.2% share of total imports.

From 2012 to 2021, the average annual growth rate of value in Australia totaled +5.4%.

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2021, increasing by 163% against the previous year. In general, the import price continues to indicate strong growth. The most prominent rate of growth was recorded in 2015 when the import price increased by 250%. As a result, import price reached the peak level of $X per unit. From 2016 to 2021, the import prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Australia ($X per unit), while New Zealand totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+6.8%).

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :