Europe: Tobacco Making Machinery Market 2023

Tobacco Making Machinery Market Size in Europe

In 2021, the Europe tobacco making machinery market increased by 99% to $X, rising for the second consecutive year after two years of decline. Overall, consumption, however, continues to indicate a resilient expansion. Over the period under review, the market attained the peak level in 2021 and is likely to see gradual growth in years to come.

Tobacco Making Machinery Production in Europe

In value terms, tobacco making machinery production stood at $X in 2021 estimated in export price. In general, production saw a noticeable reduction. The pace of growth was the most pronounced in 2013 with an increase of 11% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Tobacco Making Machinery Exports

Exports in Europe

In 2021, approx. X units of machinery for the preparation or making up of tobacco were exported in Europe; reducing by -2.1% against the previous year. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 1,797%. As a result, the exports attained the peak of X units, and then contracted slightly in the following year.

In value terms, tobacco making machinery exports rose modestly to $X in 2021. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 991%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in years to come.

Exports by Country

In 2021, Italy (X units), distantly followed by the Netherlands (X units), Hungary (X units) and Belgium (X units) represented the main exporters of machinery for the preparation or making up of tobacco, together constituting 75% of total exports. France (X units), Poland (X units), Bulgaria (X units), the UK (X units), Romania (X units), Lithuania (X units) and Spain (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +527.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) remains the largest tobacco making machinery supplier in Europe, comprising 51% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 12% share of total exports. It was followed by Bulgaria, with a 7% share.

In Italy, tobacco making machinery exports plunged by an average annual rate of -11.8% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (+56.0% per year) and Bulgaria (+35.8% per year).

Export Prices by Country

The export price in Europe stood at $X per unit in 2021, with an increase of 4.2% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 53% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2019 to 2021, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Bulgaria ($X per unit), while Spain ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+61.9%), while the other leaders experienced more modest paces of growth.

Tobacco Making Machinery Imports

Imports in Europe

In 2021, supplies from abroad of machinery for the preparation or making up of tobacco decreased by -12.6% to X units for the first time since 2018, thus ending a two-year rising trend. Over the period under review, imports, however, showed a resilient increase. The pace of growth was the most pronounced in 2020 with an increase of 339% against the previous year. As a result, imports attained the peak of X units, and then reduced in the following year.

In value terms, tobacco making machinery imports reached $X in 2021. Overall, imports, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2020 with an increase of 184% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Germany (X units), followed by Belgium (X units), Bulgaria (X units), Poland (X units), Switzerland (X units), the Netherlands (X units), France (X units), Ukraine (X units), Russia (X units) and Spain (X units) represented the main importers of machinery for the preparation or making up of tobacco, together creating 77% of total imports. Italy (X units), Greece (X units) and Hungary (X units) held a minor share of total imports.

From 2012 to 2021, the biggest increases were recorded for Greece (with a CAGR of +216.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Germany ($X) and Poland ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 35% share of total imports. These countries were followed by Greece, Bulgaria, Ukraine, Belgium, Hungary, Italy, the Netherlands, Spain, France and Switzerland, which together accounted for a further 42%.

In terms of the main importing countries, Greece, with a CAGR of +262.4%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Europe stood at $X per unit in 2021, jumping by 23% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 77%. The level of import peaked at $X per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Russia ($X per unit), while Switzerland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+231.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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