Denmark: Tobacco Making Machinery Market 2025

Tobacco Making Machinery Market Size in Denmark

The Danish tobacco making machinery market fell rapidly to $X in 2022, shrinking by -87.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption faced a precipitous descent. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Tobacco Making Machinery Exports

Exports from Denmark

Tobacco making machinery exports from Denmark contracted remarkably to X units in 2022, which is down by -43.2% against the year before. In general, exports, however, posted noticeable growth. The pace of growth appeared the most rapid in 2016 when exports increased by 748%. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, tobacco making machinery exports declined rapidly to $X in 2022. Overall, exports saw a mild decrease. The pace of growth was the most pronounced in 2019 when exports increased by 2,736% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

The UK (X units), China (X units) and Indonesia (X units) were the main destinations of tobacco making machinery exports from Denmark, with a combined 80% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +172.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for tobacco making machinery exported from Denmark were China ($X), Indonesia ($X) and the Philippines ($X), with a combined 70% share of total exports.

Indonesia, with a CAGR of +60.7%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average tobacco making machinery export price amounted to $X per unit, declining by -61.7% against the previous year. Over the period under review, the export price recorded a pronounced descent. The most prominent rate of growth was recorded in 2019 when the average export price increased by 580% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($X per unit), while the average price for exports to the UK ($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 Norway (+15.1%), while the prices for the other major destinations experienced more modest paces of growth.

Tobacco Making Machinery Imports

Imports into Denmark

In 2022, the amount of machinery for the preparation or making up of tobacco imported into Denmark soared to X units, surging by 90% against the previous year's figure. In general, imports showed strong growth. The most prominent rate of growth was recorded in 2020 when imports increased by 266%. Imports peaked at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, tobacco making machinery imports skyrocketed to $X in 2022. Overall, imports recorded a remarkable increase. The most prominent rate of growth was recorded in 2013 with an increase of 172% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Italy (X units), Germany (X units) and the Netherlands (X units) were the main suppliers of tobacco making machinery imports to Denmark, together comprising 85% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +113.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest tobacco making machinery suppliers to Denmark were Italy ($X), Germany ($X) and Lithuania ($X), together comprising 84% of total imports.

Italy, with a CAGR of +61.9%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average tobacco making machinery import price amounted to $X per unit, declining by -13.7% against the previous year. Over the period under review, the import price recorded a pronounced setback. The pace of growth appeared the most rapid in 2015 an increase of 94% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hungary ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+47.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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