Czech Republic: Tobacco Making Machinery Market 2024

Tobacco Making Machinery Market Size in the Czech Republic

For the fourth consecutive year, the Czech tobacco making machinery market recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption enjoyed strong growth. Tobacco making machinery consumption peaked in 2022 and is expected to retain growth in the near future.

Tobacco Making Machinery Production in the Czech Republic

In value terms, tobacco making machinery production reduced remarkably to $X in 2022 estimated in export price. In general, production, however, faced a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Tobacco making machinery production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Tobacco Making Machinery Exports

Exports from the Czech Republic

Tobacco making machinery exports from the Czech Republic surged to X units in 2022, jumping by X% on the previous year. Overall, exports saw a prominent expansion. The pace of growth was the most pronounced in 2019 with an increase of X%. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, tobacco making machinery exports declined to $X in 2022. Over the period under review, exports recorded a prominent expansion. The growth pace was the most rapid in 2019 when exports increased by X%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Portugal (X units) was the main destination for tobacco making machinery exports from the Czech Republic, accounting for a X% share of total exports. Moreover, tobacco making machinery exports to Portugal exceeded the volume sent to the second major destination, Myanmar (X units), threefold. The third position in this ranking was taken by Indonesia (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Portugal amounted to X.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Myanmar (X% per year) and Indonesia (X% per year).

In value terms, Indonesia ($X) remains the key foreign market for machinery for the preparation or making up of tobacco exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was held by Portugal ($X), with a X% share of total exports. It was followed by Myanmar, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Indonesia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (X.5% per year) and Myanmar (X.0% per year).

Export Prices by Country

The average tobacco making machinery export price stood at $X per unit in 2022, dropping by X% against the previous year. In general, the export price recorded a deep setback. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2016; however, from 2017 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 South Sudan ($X per unit), while the average price for exports to Ukraine ($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 Myanmar (X%), while the prices for the other major destinations experienced more modest paces of growth.

Tobacco Making Machinery Imports

Imports into the Czech Republic

For the eleventh consecutive year, the Czech Republic recorded growth in supplies from abroad of machinery for the preparation or making up of tobacco, which increased by X% to X units in 2022. Over the period under review, imports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, tobacco making machinery imports fell notably to $X in 2022. In general, imports recorded a resilient increase. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then reduced remarkably in the following year.

Imports by Country

In 2022, Lithuania (X units) constituted the largest supplier of tobacco making machinery to the Czech Republic, accounting for a X% share of total imports. Moreover, tobacco making machinery imports from Lithuania exceeded the figures recorded by the second-largest supplier, China (X units), more than tenfold.

From 2020 to 2022, the average annual rate of growth in terms of volume from Lithuania amounted to X.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Germany (X% per year).

In value terms, Lithuania ($X) constituted the largest supplier of machinery for the preparation or making up of tobacco to the Czech Republic, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports.

From 2020 to 2022, the average annual rate of growth in terms of value from Lithuania totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and China (X% per year).

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, however, enjoyed a modest increase. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit, and then contracted significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2020 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 mixed trend patterns.

Source: IndexBox Platform

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