Central Asia: Tobacco Making Machinery Market 2023

Tobacco Making Machinery Market Size in Central Asia

The Central Asian tobacco making machinery market skyrocketed to $X in 2021, picking up by 58% against the previous year. Overall, consumption enjoyed a prominent increase. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Tobacco Making Machinery Production in Central Asia

In value terms, tobacco making machinery production contracted sharply to $X in 2021 estimated in export price. In general, production enjoyed a strong expansion. The most prominent rate of growth was recorded in 2015 when the production volume increased by 105% against the previous year. Over the period under review, production attained the peak level at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Tobacco Making Machinery Exports

Exports in Central Asia

In 2021, tobacco making machinery exports in Central Asia amounted to X units, growing by 5.8% on the previous year's figure. Overall, exports enjoyed a modest increase. The pace of growth appeared the most rapid in 2014 when exports increased by 619% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, tobacco making machinery exports rose significantly to $X in 2021. Over the period under review, exports posted significant growth. The pace of growth appeared the most rapid in 2015 when exports increased by 350%. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Kazakhstan (X units) represented roughly 99% of total exports in 2021.

Kazakhstan was also the fastest-growing in terms of the machinery for the preparation or making up of tobacco exports, with a CAGR of +10.7% from 2012 to 2021. Kazakhstan (+53 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) also remains the largest tobacco making machinery supplier in Central Asia.

In Kazakhstan, tobacco making machinery exports increased at an average annual rate of +20.5% over the period from 2012-2021.

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2021, surging by 2.3% against the previous year. Overall, the export price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2015 an increase of 1,319%. The level of export peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Kazakhstan.

From 2012 to 2021, the rate of growth in terms of prices for Kazakhstan amounted to +8.9% per year.

Tobacco Making Machinery Imports

Imports in Central Asia

After two years of decline, overseas purchases of machinery for the preparation or making up of tobacco increased by 54% to X units in 2021. Overall, imports, however, saw a pronounced curtailment. The growth pace was the most rapid in 2018 when imports increased by 550% against the previous year. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, tobacco making machinery imports reduced to $X in 2021. Over the period under review, imports, however, recorded a deep reduction. The growth pace was the most rapid in 2018 when imports increased by 424% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Uzbekistan dominates imports structure, resulting at X units, which was approx. 95% of total imports in 2021. Kazakhstan (X units) held a little share of total imports.

Uzbekistan was also the fastest-growing in terms of the machinery for the preparation or making up of tobacco imports, with a CAGR of +1.7% from 2012 to 2021. Kazakhstan (-23.9%) illustrated a downward trend over the same period. While the share of Uzbekistan (+35 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Kazakhstan (-31.4 p.p.) displayed negative dynamics.

In value terms, Uzbekistan ($X) constitutes the largest market for imported machinery for the preparation or making up of tobacco in Central Asia, comprising 92% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a 5.6% share of total imports.

In Uzbekistan, tobacco making machinery imports expanded at an average annual rate of +7.4% over the period from 2012-2021.

Import Prices by Country

The import price in Central Asia stood at $X per unit in 2021, which is down by -44.6% against the previous year. In general, the import price showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2014 when the import price increased by 87% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2021, the country with the highest price was Kazakhstan ($X per unit), while Uzbekistan amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+5.7%).

Source: IndexBox Market Intelligence Platform

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