South-Eastern Asia: Tobacco Making Machinery Market 2024

Tobacco Making Machinery Market Size in South-Eastern Asia

In 2022, the Southeast Asian tobacco making machinery market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption recorded a remarkable increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Tobacco Making Machinery Production in South-Eastern Asia

In value terms, tobacco making machinery production dropped to $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

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Tobacco Making Machinery Exports

Exports in South-Eastern Asia

In 2022, the amount of machinery for the preparation or making up of tobacco exported in South-Eastern Asia surged to X units, growing by X% on 2021. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, tobacco making machinery exports skyrocketed to $X in 2022. Over the period under review, exports saw prominent growth. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Singapore was the largest exporter of machinery for the preparation or making up of tobacco in South-Eastern Asia, with the volume of exports amounting to X units, which was near X% of total exports in 2022. Thailand (X units) held an X% share (based on physical terms) of total exports, which put it in second place, followed by Indonesia (X%) and Malaysia (X%).

From 2012 to 2022, average annual rates of growth with regard to tobacco making machinery exports from Singapore stood at X%. At the same time, Thailand (X%) and Indonesia (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Malaysia (X%) illustrated a downward trend over the same period. While the share of Singapore (X p.p.), Thailand (X p.p.) and Indonesia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Malaysia (X p.p.) displayed negative dynamics.

In value terms, Indonesia ($X), Singapore ($X) and Malaysia ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

In terms of the main exporting countries, Indonesia, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per unit, rising by X% against the previous year. Over the period under review, the export price recorded a prominent increase. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($X per unit), while Thailand ($X per unit) was amongst the lowest.

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

Tobacco Making Machinery Imports

Imports in South-Eastern Asia

In 2022, tobacco making machinery imports in South-Eastern Asia skyrocketed to X units, jumping by X% against 2021 figures. Over the period under review, imports showed a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, tobacco making machinery imports surged to $X in 2022. In general, imports, however, saw a deep setback. The growth pace was the most rapid in 2017 when imports increased by X%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The Philippines dominates imports structure, finishing at X units, which was approx. X% of total imports in 2022. It was distantly followed by Indonesia (X units), mixing up an X% share of total imports. Singapore (X units) followed a long way behind the leaders.

The Philippines was also the fastest-growing in terms of the machinery for the preparation or making up of tobacco imports, with a CAGR of X% from 2012 to 2022. At the same time, Singapore (X%) displayed positive paces of growth. By contrast, Indonesia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Philippines increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Indonesia ($X) constitutes the largest market for imported machinery for the preparation or making up of tobacco in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Singapore ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Indonesia stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Singapore (X% per year) and the Philippines (X% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per unit in 2022, declining by X% against the previous year. Overall, the import price saw a abrupt setback. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. Over the period under review, import prices attained the maximum at $X per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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