Australia and Oceania: Tobacco Making Machinery Market 2024

Tobacco Making Machinery Market Size in Australia and Oceania

The tobacco making machinery market in Australia and Oceania fell sharply to $X in 2022, reducing by X% against the previous year. Over the period under review, consumption, however, saw notable growth. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Tobacco Making Machinery Production in Australia and Oceania

In value terms, tobacco making machinery production expanded rapidly to $X in 2022 estimated in export price. In general, production posted a significant increase. The pace of growth appeared the most rapid in 2017 when the production volume increased by X,400% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Tobacco Making Machinery Exports

Exports in Australia and Oceania

In 2022, the amount of machinery for the preparation or making up of tobacco exported in Australia and Oceania soared to X units, increasing by X% on 2021 figures. In general, exports, however, continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2015 when exports increased by X%. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, tobacco making machinery exports reached $X in 2022. Overall, exports, however, recorded a significant decline. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

New Zealand prevails in exports structure, resulting at X units, which was approx. X% of total exports in 2022. Australia (X units) held a relatively small share of total exports.

New Zealand was also the fastest-growing in terms of the machinery for the preparation or making up of tobacco exports, with a CAGR of X% from 2012 to 2022. Australia (X%) illustrated a downward trend over the same period. While the share of New Zealand (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Australia (X p.p.) displayed negative dynamics.

In value terms, New Zealand ($X) remains the largest tobacco making machinery supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was taken by Australia ($X), with a X% share of total exports.

In New Zealand, tobacco making machinery exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2022, waning by X% against the previous year. In general, the export price recorded a abrupt slump. The growth pace was the most rapid in 2020 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 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 Australia ($X per unit), while New Zealand stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Tobacco Making Machinery Imports

Imports in Australia and Oceania

In 2022, purchases abroad of machinery for the preparation or making up of tobacco decreased by X% to X units, falling for the second year in a row after three years of growth. Over the period under review, imports, however, recorded pronounced growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, tobacco making machinery imports fell dramatically to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Australia was the key importer of machinery for the preparation or making up of tobacco in Australia and Oceania, with the volume of imports recording X units, which was approx. X% of total imports in 2022. It was distantly followed by New Zealand (X units), constituting a X% share of total imports.

Australia was also the fastest-growing in terms of the machinery for the preparation or making up of tobacco imports, with a CAGR of X% from 2012 to 2022. New Zealand (X%) illustrated a downward trend over the same period. While the share of Australia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of New Zealand (X p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported machinery for the preparation or making up of tobacco in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports.

In Australia, tobacco making machinery imports increased at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2022, which is down by X% against the previous year. Over the period under review, the import price recorded a perceptible decline. The pace of growth was the most pronounced in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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 Australia ($X per unit), while New Zealand stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Source: IndexBox Platform

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