Russian Federation: Tobacco Making Machinery Market 2024

Tobacco Making Machinery Market Size in the Russian Federation

The Russian tobacco making machinery market declined rapidly to $X in 2022, which is down by X% against the previous year. In general, consumption showed a precipitous setback. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Tobacco Making Machinery Production in the Russian Federation

In value terms, tobacco making machinery production surged to $X in 2022 estimated in export price. Overall, production, however, recorded a sharp descent. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

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Tobacco Making Machinery Exports

Exports from the Russian Federation

Tobacco making machinery exports from Russia skyrocketed to X units in 2022, picking up by X% compared with the year before. In general, exports showed significant growth. The pace of growth was the most pronounced in 2013 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, tobacco making machinery exports dropped to $X in 2022. Over the period under review, exports, however, recorded a mild decline. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Kyrgyzstan (X units) was the main destination for tobacco making machinery exports from Russia, accounting for a X% share of total exports. It was followed by Kazakhstan (X units), with less than X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Kyrgyzstan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (X% per year) and India (X% per year).

In value terms, Kyrgyzstan ($X) emerged as the key foreign market for machinery for the preparation or making up of tobacco exports from Russia, comprising X% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the average tobacco making machinery export price amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the export price faced a significant decline. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 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 Kazakhstan ($X per unit), while the average price for exports to India ($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 Kazakhstan (X%), while the prices for the other major destinations experienced a decline.

Tobacco Making Machinery Imports

Imports into the Russian Federation

In 2022, the amount of machinery for the preparation or making up of tobacco imported into Russia reduced dramatically to X units, which is down by X% on 2021 figures. In general, imports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2016 when imports increased by X%. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, tobacco making machinery imports dropped notably to $X in 2022. Overall, imports, however, posted a mild expansion. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Bulgaria (X units) constituted the largest tobacco making machinery supplier to Russia, with a X% share of total imports. Moreover, tobacco making machinery imports from Bulgaria exceeded the figures recorded by the second-largest supplier, India (X units), fivefold. The third position in this ranking was taken by the United Arab Emirates (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Bulgaria amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and the United Arab Emirates (X% per year).

In value terms, the largest tobacco making machinery suppliers to Russia were China ($X), Bulgaria ($X) and Poland ($X), with a combined X% share of total imports.

In terms of the main suppliers, Bulgaria, with a CAGR of X%, 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 average tobacco making machinery import price stood at $X per unit in 2022, jumping by X% against the previous year. Overall, the import price, however, recorded a pronounced downturn. The pace of growth appeared the most rapid in 2017 an increase of X%. The import price peaked at $X per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X,354 per unit), while the price for India ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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