Brazil: Tobacco Making Machinery Market 2024

Tobacco Making Machinery Market Size in Brazil

The Brazilian tobacco making machinery market contracted sharply to $X in 2022, reducing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a abrupt contraction. Tobacco making machinery consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Tobacco Making Machinery Exports

Exports from Brazil

In 2022, after two years of growth, there was significant decline in shipments abroad of machinery for the preparation or making up of tobacco, when their volume decreased by X% to X units. Over the period under review, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports reached the peak figure at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, tobacco making machinery exports declined markedly to $X in 2022. Overall, exports showed a precipitous slump. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Canada (X units) was the main destination for tobacco making machinery exports from Brazil, with a X% share of total exports. Moreover, tobacco making machinery exports to Canada exceeded the volume sent to the second major destination, Argentina (X units), sevenfold. The third position in this ranking was taken by Bolivia (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Canada stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (X% per year) and Bolivia (X% per year).

In value terms, Bolivia ($X) emerged as the key foreign market for machinery for the preparation or making up of tobacco exports from Brazil, comprising X% of total exports. The second position in the ranking was held by Canada ($X), with a X% share of total exports. It was followed by Argentina, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Bolivia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and Argentina (X% per year).

Export Prices by Country

The average tobacco making machinery export price stood at $X per unit in 2022, surging by X% against the previous year. Over the period under review, the export price, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per unit in 2019; however, from 2020 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 Bolivia ($X per unit), while the average price for exports to Canada ($X 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 Jordan (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Tobacco Making Machinery Imports

Imports into Brazil

In 2022, the amount of machinery for the preparation or making up of tobacco imported into Brazil reduced rapidly to X units, waning by X% compared with 2021. Over the period under review, imports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2020 when imports increased by X%. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, tobacco making machinery imports shrank dramatically to $X in 2022. Overall, imports recorded a sharp decrease. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Indonesia (X units), Hong Kong SAR (X units) and Germany (X units) were the main suppliers of tobacco making machinery imports to Brazil, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Indonesia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), Germany ($X) and China ($X) appeared to be the largest tobacco making machinery suppliers to Brazil, with a combined X% share of total imports.

Indonesia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average tobacco making machinery import price stood at $X per unit in 2022, with a decrease of X% against the previous year. Overall, the import price showed a dramatic decrease. The pace of growth appeared the most rapid in 2015 an increase of X%. The import price peaked at $X 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 Germany ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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