Australia and Oceania: Tobacco Making Machinery Market 2024

Tobacco Making Machinery Market Size in Australia and Oceania

The tobacco making machinery market in Australia and Oceania declined significantly to $X in 2022, shrinking by -51.5% against the previous year. In general, consumption, however, saw a modest increase. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Tobacco Making Machinery Production in Australia and Oceania

In value terms, tobacco making machinery production amounted to $X in 2022 estimated in export price. Overall, production, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when the production volume increased by 10%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Tobacco Making Machinery Exports

Exports in Australia and Oceania

In 2022, overseas shipments of machinery for the preparation or making up of tobacco decreased by -4.4% to X units, falling for the second year in a row after three years of growth. In general, exports continue to indicate a precipitous decline. The growth pace was the most rapid in 2018 when exports increased by 572% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, tobacco making machinery exports fell modestly to $X in 2022. Over the period under review, exports showed a dramatic decrease. The most prominent rate of growth was recorded in 2018 when exports increased by 711%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

New Zealand was the main exporter of machinery for the preparation or making up of tobacco in Australia and Oceania, with the volume of exports finishing at X units, which was approx. 86% of total exports in 2022. It was distantly followed by Australia (X units), constituting a 14% share of total exports.

New Zealand was also the fastest-growing in terms of the machinery for the preparation or making up of tobacco exports, with a CAGR of +59.2% from 2012 to 2022. Australia (-38.7%) illustrated a downward trend over the same period. From 2012 to 2022, the share of New Zealand increased by +86 percentage points.

In value terms, New Zealand ($X) remains the largest tobacco making machinery supplier in Australia and Oceania, comprising 87% of total exports. The second position in the ranking was held by Australia ($X), with a 13% share of total exports.

In New Zealand, tobacco making machinery exports increased at an average annual rate of +76.5% over the period from 2012-2022.

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2022, approximately mirroring the previous year. Export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tobacco making machinery export price increased by +14.3% against 2020 indices. The pace of growth was the most pronounced in 2017 an increase of 54%. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per unit), while Australia totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+10.9%).

Tobacco Making Machinery Imports

Imports in Australia and Oceania

Tobacco making machinery imports dropped sharply to X units in 2022, reducing by -66.4% compared with 2021. Overall, imports saw a noticeable slump. The most prominent rate of growth was recorded in 2019 with an increase of 241%. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, tobacco making machinery imports shrank sharply to $X in 2022. Over the period under review, imports recorded a pronounced downturn. The pace of growth appeared the most rapid in 2019 when imports increased by 168% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Australia dominates imports structure, finishing at X units, which was approx. 80% of total imports in 2022. Fiji (X units) held a 9.7% share (based on physical terms) of total imports, which put it in second place, followed by New Zealand (5.8%). Samoa (X units) held a minor share of total imports.

Australia experienced a relatively flat trend pattern with regard to volume of imports of machinery for the preparation or making up of tobacco. At the same time, Samoa (+7.4%) and Fiji (+3.5%) displayed positive paces of growth. Moreover, Samoa emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +7.4% from 2012-2022. By contrast, New Zealand (-5.2%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Australia, Fiji and Samoa increased by +18, +4.2 and +2 percentage points, respectively.

In value terms, Australia ($X) constitutes the largest market for imported machinery for the preparation or making up of tobacco in Australia and Oceania, comprising 72% of total imports. The second position in the ranking was held by Samoa ($X), with a 10% share of total imports. It was followed by Fiji, with an 8.7% share.

In Australia, tobacco making machinery imports expanded at an average annual rate of +1.5% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Samoa (+18.2% per year) and Fiji (+0.3% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per unit, growing by 2.8% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 114%. As a result, import price reached the peak level of $X per unit. From 2017 to 2022, the 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 Samoa ($X per unit), while Fiji ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Samoa (+10.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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