Czech Republic: Tobacco Making Machinery Market 2024

Tobacco Making Machinery Market Size in the Czech Republic

The Czech tobacco making machinery market plummeted to $X in 2022, reducing by -43.2% against the previous year. In general, consumption, however, enjoyed a notable increase. As a result, consumption reached the peak level of $X, and then fell remarkably in the following year.

Tobacco Making Machinery Production in the Czech Republic

In value terms, tobacco making machinery production declined markedly to $X in 2022 estimated in export price. In general, production, however, enjoyed a mild expansion. The most prominent rate of growth was recorded in 2021 with an increase of 161%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Tobacco Making Machinery Exports

Exports from the Czech Republic

In 2022, the amount of machinery for the preparation or making up of tobacco exported from the Czech Republic shrank dramatically to X units, declining by -20.5% against 2021. Overall, exports, however, saw pronounced growth. The pace of growth was the most pronounced in 2019 with an increase of 275% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, tobacco making machinery exports reduced to $X in 2022. In general, exports, however, recorded strong growth. The growth pace was the most rapid in 2019 when exports increased by 175% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Portugal (X units) was the main destination for tobacco making machinery exports from the Czech Republic, with a 49% share of total exports. Moreover, tobacco making machinery exports to Portugal exceeded the volume sent to the second major destination, Myanmar (X units), threefold. Indonesia (X units) ranked third in terms of total exports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to Portugal amounted to +8,736.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Myanmar (+482.1% per year) and Indonesia (+2.4% per year).

In value terms, Indonesia ($X) remains the key foreign market for machinery for the preparation or making up of tobacco exports from the Czech Republic, comprising 36% of total exports. The second position in the ranking was held by Portugal ($X), with a 16% share of total exports. It was followed by Myanmar, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Indonesia stood at +9.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (+9,653.5% per year) and Myanmar (+1,173.7% per year).

Export Prices by Country

In 2022, the average tobacco making machinery export price amounted to $X per unit, increasing by 8.2% against the previous year. In general, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.1% 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 +52.0% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the average export price increased by 91%. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Sudan ($X per unit), while the average price for exports to Portugal ($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 (+119.8%), while the prices for the other major destinations experienced more modest paces of growth.

Tobacco Making Machinery Imports

Imports into the Czech Republic

In 2022, supplies from abroad of machinery for the preparation or making up of tobacco decreased by -37.8% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, enjoyed notable growth. The pace of growth was the most pronounced in 2021 with an increase of 312%. Over the period under review, imports reached the peak figure at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, tobacco making machinery imports declined dramatically to $X in 2022. Overall, imports, however, showed a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 1,623% against the previous year. As a result, imports reached the peak of $X, and then shrank significantly in the following year.

Imports by Country

China (X units), Lithuania (X units) and Germany (X units) were the main suppliers of tobacco making machinery imports to the Czech Republic, with a combined 91% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Lithuania (with a CAGR of +114.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Lithuania ($X) constituted the largest supplier of machinery for the preparation or making up of tobacco to the Czech Republic, comprising 72% of total imports. The second position in the ranking was held by Germany ($X), with a 22% share of total imports. It was followed by China, with a 3.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Lithuania stood at -4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+21.5% per year) and China (+7.4% per year).

Import Prices by Country

The average tobacco making machinery import price stood at $X per unit in 2022, growing by 14% against the previous year. In general, the import price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 an increase of 319% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+37.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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