Middle East: Tobacco Making Machinery Market 2024

Tobacco Making Machinery Market Size in the Middle East

The Middle Eastern tobacco making machinery market surged to $X in 2022, jumping by 16% against the previous year. In general, consumption posted a strong expansion. The level of consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Tobacco Making Machinery Production in the Middle East

In value terms, tobacco making machinery production surged to $X in 2022 estimated in export price. Over the period under review, production showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,190%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Tobacco Making Machinery Exports

Exports in the Middle East

In 2022, shipments abroad of machinery for the preparation or making up of tobacco decreased by -76.3% to X units for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2018 when exports increased by 165% against the previous year. The volume of export peaked at X units in 2021, and then declined rapidly in the following year.

In value terms, tobacco making machinery exports shrank rapidly to $X in 2022. Overall, exports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2018 with an increase of 376%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, the United Arab Emirates (X units) represented the key exporter of machinery for the preparation or making up of tobacco, committing 62% of total exports. It was distantly followed by Turkey (X units), constituting a 33% 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 key 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 United Arab Emirates ($X), Turkey ($X) and Jordan ($X) constituted the countries with the highest levels of exports in 2022, together accounting for 97% of total exports.

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

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2022, with an increase of 107% against the previous year. Overall, the export price, however, continues to indicate a deep setback. Over the period under review, the export prices attained the maximum at $X per unit in 2012; however, from 2013 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 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 the Middle East

In 2022, the amount of machinery for the preparation or making up of tobacco imported in the Middle East shrank significantly to X units, which is down by -44.8% on 2021. Over the period under review, imports, however, saw a pronounced increase. The pace of growth appeared the most rapid in 2015 with an increase of 73%. The volume of import peaked at X units in 2021, and then shrank markedly in the following year.

In value terms, tobacco making machinery imports fell sharply to $X in 2022. In general, imports, however, posted a measured increase. The most prominent rate of growth was recorded in 2019 with an increase of 61%. The level of import peaked at $X in 2021, and then contracted rapidly in the following year.

Imports by Country

The United Arab Emirates was the main importing country with an import of about X units, which finished at 70% of total imports. It was distantly followed by Turkey (X units) and Jordan (X units), together creating a 20% share of total imports. The following importers - Lebanon (X units) and Qatar (X units) - together made up 6.4% of total imports.

From 2012 to 2022, average annual rates of growth with regard to tobacco making machinery imports into the United Arab Emirates stood at +14.7%. At the same time, Qatar (+36.7%), Lebanon (+19.0%) and Turkey (+2.8%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest-growing importer imported in the Middle East, 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 (+45 p.p.), Lebanon (+3.3 p.p.) and Qatar (+1.9 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Jordan (-27.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported machinery for the preparation or making up of tobacco in the Middle East, comprising 76% of total imports. The second position in the ranking was held by Turkey ($X), with a 9.9% share of total imports. It was followed by Jordan, with a 9.4% share.

In the United Arab Emirates, tobacco making machinery imports increased 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

The import price in the Middle East stood at $X per unit in 2022, increasing by 25% against the previous year. Over the period under review, the import price recorded a mild expansion. The most prominent rate of growth was recorded in 2014 an increase of 50%. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the import prices failed to regain momentum.

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

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