Europe: Tobacco Making Machinery Market 2024

Tobacco Making Machinery Market Size in Europe

In 2022, the Europe tobacco making machinery market decreased by -6.1% to $X for the first time since 2019, thus ending a two-year rising trend. The total consumption indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2021, and then fell in the following year.

Tobacco Making Machinery Production in Europe

In value terms, tobacco making machinery production amounted to $X in 2022 estimated in export price. In general, production recorded a pronounced descent. The growth pace was the most rapid in 2013 with an increase of 18%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Tobacco Making Machinery Exports

Exports in Europe

In 2022, the amount of machinery for the preparation or making up of tobacco exported in Europe contracted to X units, which is down by -11.2% on 2021. Overall, exports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2017 with an increase of 14% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, tobacco making machinery exports dropped notably to $X in 2022. Over the period under review, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2017 with an increase of 27%. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Italy was the main exporting country with an export of around X units, which amounted to 44% of total exports. It was distantly followed by the Netherlands (X units), Bulgaria (X units), Hungary (X units), Belgium (X units) and Poland (X units), together generating a 36% share of total exports. Romania (X units), France (X units) and the UK (X units) followed a long way behind the leaders.

Exports from Italy decreased at an average annual rate of -8.8% from 2012 to 2022. At the same time, Romania (+29.5%) and Bulgaria (+21.4%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in Europe, with a CAGR of +29.5% from 2012-2022. By contrast, Poland (-3.4%), the Netherlands (-4.6%), Belgium (-6.6%), France (-11.9%), Hungary (-12.3%) and the UK (-17.6%) illustrated a downward trend over the same period. While the share of Bulgaria (+7.7 p.p.), Romania (+3.2 p.p.), the Netherlands (+3 p.p.) and Poland (+1.6 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of France (-1.9 p.p.), the UK (-3.7 p.p.), Hungary (-4.5 p.p.) and Italy (-6.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X) remains the largest tobacco making machinery supplier in Europe, comprising 55% of total exports. The second position in the ranking was taken by Poland ($X), with a 7.5% share of total exports. It was followed by Hungary, with a 6.1% share.

In Italy, tobacco making machinery exports shrank by an average annual rate of -4.8% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Poland (-1.6% per year) and Hungary (-9.2% per year).

Export Prices by Country

The export price in Europe stood at $X per unit in 2022, reducing by -11.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2013 when the export price increased by 21% against the previous year. The level of export peaked at $X per unit in 2020; however, from 2021 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 Poland ($X per unit), while the Netherlands ($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 Europe

In 2022, imports of machinery for the preparation or making up of tobacco in Europe shrank to X units, waning by -11.1% on the previous year's figure. Over the period under review, imports showed a noticeable decrease. The pace of growth was the most pronounced in 2013 when imports increased by 49% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, tobacco making machinery imports shrank markedly to $X in 2022. In general, imports continue to indicate a slight descent. The most prominent rate of growth was recorded in 2018 when imports increased by 36%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Russia (X units), Hungary (X units), Germany (X units), Belgium (X units), Ukraine (X units), Bulgaria (X units), Romania (X units), Poland (X units), Switzerland (X units), France (X units), Spain (X units) and Italy (X units) represented roughly 84% of total imports in 2022.

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, Russia ($X), Romania ($X) and Hungary ($X) constituted the countries with the highest levels of imports in 2022, with a combined 39% share of total imports.

In terms of the main importing countries, Hungary, with a CAGR of +25.3%, recorded the highest rates of growth with regard to 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 Europe stood at $X per unit in 2022, shrinking by -6.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The pace of growth appeared the most rapid in 2014 an increase of 43% against the previous year. The level of import peaked at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, 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 Italy (+22.1%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform