Indonesia: Tobacco Making Machinery Market 2024

Tobacco Making Machinery Market Size in Indonesia

The Indonesian tobacco making machinery market dropped remarkably to $X in 2022, waning by -62.8% 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). In general, consumption faced a sharp shrinkage. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Tobacco Making Machinery Exports

Exports from Indonesia

In 2022, shipments abroad of machinery for the preparation or making up of tobacco decreased by -20.9% to X units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 72%. As a result, the exports attained the peak of X units, and then dropped rapidly in the following year.

In value terms, tobacco making machinery exports soared to $X in 2022. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2019 with an increase of 356%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in years to come.

Exports by Country

The United States (X units), Singapore (X units) and the United Arab Emirates (X units) were the main destinations of tobacco making machinery exports from Indonesia, together accounting for 72% of total exports.

From 2012 to 2022, the biggest increases were recorded for Singapore (with a CAGR of +22.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for tobacco making machinery exported from Indonesia were Singapore ($X), the Philippines ($X) and the United States ($X), with a combined 74% share of total exports.

In terms of the main countries of destination, Singapore, with a CAGR of +50.3%, saw the highest rates of growth with regard to 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 average tobacco making machinery export price stood at $X per unit in 2022, increasing by 80% against the previous year. Overall, the export price saw a significant increase. The growth pace was the most rapid in 2019 when the average export price increased by 196%. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, 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 Pakistan (+104.2%), while the prices for the other major destinations experienced more modest paces of growth.

Tobacco Making Machinery Imports

Imports into Indonesia

In 2022, tobacco making machinery imports into Indonesia skyrocketed to X units, increasing by 69% against the previous year. Overall, imports, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 286%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, tobacco making machinery imports contracted markedly to $X in 2022. Over the period under review, imports, however, faced a abrupt downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 157%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Italy (X units), Germany (X units) and Singapore (X units) were the main suppliers of tobacco making machinery imports to Indonesia, with a combined 66% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Singapore (with a CAGR of +132.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of machinery for the preparation or making up of tobacco to Indonesia, comprising 40% of total imports. The second position in the ranking was taken by Italy ($X), with a 15% share of total imports. It was followed by Malaysia, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled -15.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-21.0% per year) and Malaysia (+0.0% per year).

Import Prices by Country

In 2022, the average tobacco making machinery import price amounted to $X per unit, shrinking by -52.2% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 173% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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