Russian Federation: Tobacco Making Machinery Market 2024

Tobacco Making Machinery Market Size in the Russian Federation

The Russian tobacco making machinery market declined notably to $X in 2022, with a decrease of -25.7% against the previous year. Overall, consumption, however, continues to indicate a significant expansion. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Tobacco Making Machinery Production in the Russian Federation

In value terms, tobacco making machinery production dropped remarkably to $X in 2022 estimated in export price. In general, production saw a dramatic decrease. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Tobacco Making Machinery Exports

Exports from the Russian Federation

In 2022, shipments abroad of machinery for the preparation or making up of tobacco increased by 264% to X units for the first time since 2018, thus ending a three-year declining trend. In general, exports, however, saw a deep downturn. The most prominent rate of growth was recorded in 2018 when exports increased by 771% against the previous year. The exports peaked at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, tobacco making machinery exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed a moderate expansion. The most prominent rate of growth was recorded in 2018 with an increase of 2,371% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Bulgaria (X units) was the main destination for tobacco making machinery exports from Russia, with a 89% share of total exports. Moreover, tobacco making machinery exports to Bulgaria exceeded the volume sent to the second major destination, Moldova (X units), tenfold. Ukraine (X units) ranked third in terms of total exports with a 1.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Bulgaria totaled +4.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (-20.0% per year) and Ukraine (-49.6% per year).

In value terms, Bulgaria ($X) emerged as the key foreign market for machinery for the preparation or making up of tobacco exports from Russia, comprising 18% of total exports. The second position in the ranking was taken by Romania ($X), with an 8.6% share of total exports. It was followed by Moldova, with a 5.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Bulgaria totaled +38.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (-27.1% per year) and Moldova (+10.2% per year).

Export Prices by Country

The average tobacco making machinery export price stood at $X per unit in 2021, growing by 41% against the previous year. Over the period under review, the export price saw a significant increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 196% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($X per unit), while the average price for exports to Bulgaria ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+218.3%), while the prices for the other major destinations experienced more modest paces of growth.

Tobacco Making Machinery Imports

Imports into the Russian Federation

In 2022, approx. X units of machinery for the preparation or making up of tobacco were imported into Russia; with a decrease of -22% compared with the previous year's figure. In general, imports, however, posted strong growth. The growth pace was the most rapid in 2019 when imports increased by 475% against the previous year. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, tobacco making machinery imports declined notably to $X in 2022. Overall, imports, however, recorded a resilient expansion. The growth pace was the most rapid in 2019 with an increase of 244% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Bulgaria (X units) constituted the largest supplier of tobacco making machinery to Russia, with a 65% share of total imports. Moreover, tobacco making machinery imports from Bulgaria exceeded the figures recorded by the second-largest supplier, China (X units), fourfold.

From 2012 to 2022, the average annual growth rate of volume from Bulgaria stood at +85.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+17.7% per year) and Poland (-10.9% per year).

In value terms, China ($X), Bulgaria ($X) and Poland ($X) were the largest tobacco making machinery suppliers to Russia, together comprising 61% of total imports.

Among the main suppliers, Bulgaria, with a CAGR of +52.1%, 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 mixed trend patterns.

Import Prices by Country

The average tobacco making machinery import price stood at $X per unit in 2022, shrinking by -2.5% against the previous year. In general, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.1% 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 decreased by -29.7% against 2018 indices. The pace of growth appeared the most rapid in 2018 an increase of 76%. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per unit), while the price for Bulgaria ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+11.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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