MENA: Tobacco Making Machinery Market 2024

Tobacco Making Machinery Market Size in MENA

The MENA's tobacco making machinery market was finally on the rise to reach $X in 2022, after two years of decline. Overall, consumption showed a noticeable setback. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Tobacco Making Machinery Production in MENA

In value terms, tobacco making machinery production rose remarkably to $X in 2022 estimated in export price. In general, production enjoyed a significant increase. The pace of growth was the most pronounced in 2018 with an increase of 607% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Tobacco Making Machinery Exports

Exports in MENA

After two years of growth, overseas shipments of machinery for the preparation or making up of tobacco decreased by -76.2% to X units in 2022. Overall, exports, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2018 with an increase of 165%. The volume of export peaked at X units in 2021, and then reduced sharply in the following year.

In value terms, tobacco making machinery exports reduced rapidly to $X in 2022. Over the period under review, exports, however, showed buoyant growth. The pace of growth was the most pronounced in 2018 with an increase of 357% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The United Arab Emirates was the main exporter of machinery for the preparation or making up of tobacco in MENA, with the volume of exports accounting for X units, which was near 62% of total exports in 2022. It was distantly followed by Turkey (X units), constituting a 32% share of total exports. Jordan (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by the United Arab Emirates (with a CAGR of +20.8%), while the other leaders experienced mixed trends in the exports figures.

In value terms, the largest tobacco making machinery supplying countries in MENA were the United Arab Emirates ($X), Turkey ($X) and Jordan ($X), together comprising 93% of total exports.

Turkey, with a CAGR of +24.0%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in MENA amounted to $X per unit, rising by 110% against the previous year. In general, the export price, however, continues to indicate a abrupt decline. The level of export peaked at $X per unit in 2013; however, from 2014 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 Jordan ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+7.5%), while the other leaders experienced a decline in the export price figures.

Tobacco Making Machinery Imports

Imports in MENA

In 2022, the amount of machinery for the preparation or making up of tobacco imported in MENA shrank remarkably to X units, reducing by -47.3% compared with the year before. In general, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2019 with an increase of 71%. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, tobacco making machinery imports declined dramatically to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 56%. Over the period under review, imports reached the maximum at $X in 2021, and then reduced rapidly in the following year.

Imports by Country

The United Arab Emirates dominates imports structure, reaching X units, which was approx. 68% of total imports in 2022. Turkey (X units) ranks second in terms of the total imports with a 9.7% share, followed by Jordan (9.7%). Lebanon (X units), Algeria (X units) and Qatar (X units) followed a long way behind the leaders.

Imports into the United Arab Emirates increased at an average annual rate of +14.7% from 2012 to 2022. At the same time, Qatar (+36.7%), Lebanon (+19.0%), Algeria (+2.9%) and Turkey (+2.8%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest-growing importer imported in MENA, with a CAGR of +36.7% from 2012-2022. By contrast, Jordan (-9.3%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (+60 p.p.), Turkey (+6.4 p.p.), Lebanon (+3.9 p.p.), Qatar (+1.9 p.p.) and Algeria (+1.8 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Jordan (-1.8 p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported machinery for the preparation or making up of tobacco in MENA, comprising 74% of total imports. The second position in the ranking was taken by Turkey ($X), with a 9.8% share of total imports. It was followed by Jordan, with a 9.2% share.

In the United Arab Emirates, tobacco making machinery imports expanded at an average annual rate of +12.9% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Turkey (-4.6% per year) and Jordan (-6.1% per year).

Import Prices by Country

In 2022, the import price in MENA amounted to $X per unit, increasing by 29% against the previous year. Import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +8.9% 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 import price increased by +77.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 68% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

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 the United Arab Emirates ($X per unit), while Qatar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+4.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform