South Africa: Tobacco Making Machinery Market 2024

Tobacco Making Machinery Market Size in South Africa

The South African tobacco making machinery market dropped notably to $X in 2022, which is down by -29.5% against the previous year. Overall, consumption faced a deep downturn. Tobacco making machinery consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Tobacco Making Machinery Production in South Africa

In value terms, tobacco making machinery production fell to $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 17%. Tobacco making machinery production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Tobacco Making Machinery Exports

Exports from South Africa

In 2022, the amount of machinery for the preparation or making up of tobacco exported from South Africa soared to X units, increasing by 156% against 2021 figures. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 674% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, tobacco making machinery exports soared to $X in 2022. Over the period under review, exports saw resilient growth. The growth pace was the most rapid in 2018 when exports increased by 839%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Exports by Country

Zimbabwe (X units), the United States (X units) and the UK (X units) were the main destinations of tobacco making machinery exports from South Africa, with a combined 96% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +60.8%), while the other leaders experienced more modest paces of growth.

In value terms, Zimbabwe ($X), the United States ($X) and the UK ($X) were the largest markets for tobacco making machinery exported from South Africa worldwide, with a combined 96% share of total exports.

The United States, with a CAGR of +71.5%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average tobacco making machinery export price amounted to $X per unit, waning by -2.3% against the previous year. Overall, the export price recorded a abrupt decrease. The pace of growth appeared the most rapid in 2016 when the average export price increased by 361% 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 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Malawi ($X per unit) and the United States ($X per unit), while the average price for exports to the UK ($X per unit) and Zimbabwe ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+47.8%), while the prices for the other major destinations experienced mixed trend patterns.

Tobacco Making Machinery Imports

Imports into South Africa

In 2022, supplies from abroad of machinery for the preparation or making up of tobacco increased by 10% to X units, rising for the second year in a row after five years of decline. In general, imports, however, saw a drastic downturn. The pace of growth was the most pronounced in 2013 when imports increased by 400% against the previous year. Over the period under review, imports attained the maximum at X units in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, tobacco making machinery imports expanded markedly to $X in 2022. Overall, imports, however, continue to indicate a pronounced slump. The most prominent rate of growth was recorded in 2014 when imports increased by 350%. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X units) constituted the largest tobacco making machinery supplier to South Africa, accounting for a 77% share of total imports. Moreover, tobacco making machinery imports from Germany exceeded the figures recorded by the second-largest supplier, Malaysia (X units), sevenfold. The third position in this ranking was held by Croatia (X units), with a 6.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at +7.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+12.1% per year) and Croatia (0.0% per year).

In value terms, Germany ($X) constituted the largest supplier of machinery for the preparation or making up of tobacco to South Africa, comprising 77% of total imports. The second position in the ranking was taken by Malaysia ($X), with an 11% share of total imports. It was followed by Croatia, with a 6.7% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at +38.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+20.2% per year) and Croatia (0.0% per year).

Import Prices by Country

In 2022, the average tobacco making machinery import price amounted to $X per unit, shrinking by -1.9% against the previous year. In general, the import price, however, continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 219%. Over the period under review, average import prices hit record highs at $X per unit in 2021, and then declined in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($X per unit) and Malaysia ($X per unit), while the price for Croatia ($X per unit) and Germany ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+193.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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