Eastern Europe: Tobacco Making Machinery Market 2024

Tobacco Making Machinery Market Size in Eastern Europe

In 2022, the East European tobacco making machinery market decreased by less than 0.1% to $X, falling for the second consecutive year after two years of growth. In general, consumption showed a strong increase. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Tobacco Making Machinery Production in Eastern Europe

In value terms, tobacco making machinery production fell to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.5% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 34%. The level of production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Tobacco Making Machinery Exports

Exports in Eastern Europe

In 2022, approx. X units of machinery for the preparation or making up of tobacco were exported in Eastern Europe; which is down by -5% compared with the previous year. In general, exports continue to indicate a noticeable decline. The pace of growth appeared the most rapid in 2016 when exports increased by 48%. Over the period under review, the exports hit record highs at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, tobacco making machinery exports shrank to $X in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 61% against the previous year. The level of export peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

The biggest shipments were from Bulgaria (X units), Hungary (X units), Poland (X units) and Romania (X units), together amounting to 81% of total export. It was distantly followed by Ukraine (X units), committing a 4.9% share of total exports. The following exporters - Lithuania (X units) and the Czech Republic (X units) - each reached an 8.3% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Lithuania (with a CAGR of +68.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest tobacco making machinery supplying countries in Eastern Europe were Poland ($X), Hungary ($X) and Bulgaria ($X), with a combined 68% share of total exports. The Czech Republic, Lithuania, Romania and Ukraine lagged somewhat behind, together accounting for a further 26%.

In terms of the main exporting countries, Lithuania, with a CAGR of +76.8%, 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

The export price in Eastern Europe stood at $X per unit in 2022, shrinking by -7.3% against the previous year. Over the last decade, it increased at an average annual rate of +3.1%. The pace of growth was the most pronounced in 2013 when the export price increased by 58% against the previous year. Over the period under review, the export prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while Romania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+7.5%), while the other leaders experienced more modest paces of growth.

Tobacco Making Machinery Imports

Imports in Eastern Europe

In 2022, approx. X units of machinery for the preparation or making up of tobacco were imported in Eastern Europe; increasing by 1.6% against the previous year's figure. Overall, imports recorded a buoyant increase. The pace of growth appeared the most rapid in 2017 when imports increased by 36%. The volume of import peaked at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, tobacco making machinery imports shrank remarkably to $X in 2022. In general, imports showed prominent growth. The growth pace was the most rapid in 2013 when imports increased by 61%. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Russia (X units), Hungary (X units), Ukraine (X units), Bulgaria (X units), Romania (X units) and Poland (X units) represented roughly 94% of total imports in 2022. Belarus (X units) took a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +30.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest tobacco making machinery importing markets in Eastern Europe were Russia ($X), Romania ($X) and Hungary ($X), with a combined 72% share of total imports.

Among the main importing countries, Hungary, with a CAGR of +25.3%, saw the highest growth rate of 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 import price in Eastern Europe stood at $X per unit in 2022, declining by -16.6% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the import price increased by 24% against the previous year. The level of import peaked at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Romania ($X per unit), while Bulgaria ($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 (+3.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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