Mexico: Tobacco Making Machinery Market 2025

Tobacco Making Machinery Market Size in Mexico

In 2022, the Mexican tobacco making machinery market decreased by 99.9% to $X for the first time since 2018, thus ending a three-year rising trend. Over the period under review, consumption showed a precipitous decline. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Tobacco Making Machinery Exports

Exports from Mexico

In 2014, approx. X units of machinery for the preparation or making up of tobacco were exported from Mexico; picking up by 260% compared with the previous year. Over the period under review, exports, however, saw a significant curtailment. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2014, the exports remained at a lower figure.

In value terms, tobacco making machinery exports surged to $X in 2014. Overall, exports, however, showed a precipitous descent. The exports peaked at $X in 2012; however, from 2013 to 2014, the exports failed to regain momentum.

Exports by Country

The UK (X units) was the main destination for tobacco making machinery exports from Mexico, accounting for a 74% share of total exports. Moreover, tobacco making machinery exports to the UK exceeded the volume sent to the second major destination, the United States (X units), fourfold.

From 2012 to 2014, the average annual growth rate of volume to the UK stood at -18.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-24.1% per year) and the Dominican Republic (+182.8% per year).

In value terms, the UK ($X) remains the key foreign market for machinery for the preparation or making up of tobacco exports from Mexico, comprising 67% of total exports. The second position in the ranking was held by the United States ($X), with a 27% share of total exports. It was followed by the Dominican Republic, with a 4.8% share.

From 2012 to 2014, the average annual growth rate of value to the UK amounted to -10.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-27.4% per year) and the Dominican Republic (+319.2% per year).

Export Prices by Country

The average tobacco making machinery export price stood at $X per unit in 2014, reducing by -20% against the previous year. Over the period under review, the export price showed a abrupt decrease. The growth pace was the most rapid in 2013 a decrease of -9.5% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2014, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2014, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to the UK ($X per unit) was amongst the lowest.

From 2012 to 2014, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+79.1%), while the prices for the other major destinations experienced mixed trend patterns.

Tobacco Making Machinery Imports

Imports into Mexico

After three years of growth, purchases abroad of machinery for the preparation or making up of tobacco decreased by 99.9% to X units in 2022. In general, imports recorded a precipitous decrease. The pace of growth was the most pronounced in 2014 when imports increased by 372% against the previous year. Over the period under review, imports reached the maximum at X units in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, tobacco making machinery imports declined sharply to $X in 2022. Overall, imports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2014 when imports increased by 562% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) was the main supplier of tobacco making machinery to Mexico, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China stood at -2.2%.

In value terms, China ($X) constituted the largest supplier of machinery for the preparation or making up of tobacco to Mexico.

From 2012 to 2022, the average annual growth rate of value from China amounted to +1.3%.

Import Prices by Country

In 2022, the average tobacco making machinery import price amounted to $X per unit, growing by 169% against the previous year. In general, the import price posted notable growth. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +2.9% per year.

Source: IndexBox Platform

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