Romania: Tobacco Making Machinery Market 2024

Tobacco Making Machinery Market Size in Romania

The Romanian tobacco making machinery market skyrocketed to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption, however, faced a deep slump. Tobacco making machinery consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Tobacco Making Machinery Production in Romania

In value terms, tobacco making machinery production stood at $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume decreased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Tobacco Making Machinery Exports

Exports from Romania

In 2022, shipments abroad of machinery for the preparation or making up of tobacco increased by X% to X units, rising for the second consecutive year after two years of decline. Overall, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, tobacco making machinery exports surged to $X in 2022. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2016 when exports increased by X%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Turkey (X units) was the main destination for tobacco making machinery exports from Romania, with a X% share of total exports. Moreover, tobacco making machinery exports to Turkey exceeded the volume sent to the second major destination, Uzbekistan (X units), fourfold. The Netherlands (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Turkey was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (X% per year) and the Netherlands (X% per year).

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

From 2012 to 2022, the average annual rate of growth in terms of value to Uzbekistan stood at X.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and the Netherlands (X% per year).

Export Prices by Country

In 2022, the average tobacco making machinery export price amounted to $X per unit, increasing by X% against the previous year. In general, the export price, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (X%), while the prices for the other major destinations experienced a decline.

Tobacco Making Machinery Imports

Imports into Romania

For the eleventh year in a row, Romania recorded growth in purchases abroad of machinery for the preparation or making up of tobacco, which increased by X% to X units in 2022. In general, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, tobacco making machinery imports skyrocketed to $X in 2022. Over the period under review, imports saw resilient growth. The pace of growth was the most pronounced in 2017 with an increase of X%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Italy (X units) constituted the largest supplier of tobacco making machinery to Romania, accounting for a X% share of total imports. Moreover, tobacco making machinery imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. The third position in this ranking was taken by Poland (X units), with a X% share.

From 2020 to 2022, the average annual growth rate of volume from Italy totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Poland (X% per year).

In value terms, the largest tobacco making machinery suppliers to Romania were Italy ($X), Germany ($X) and Poland ($X), together accounting for X% of total imports. Bulgaria, Hungary, China and the Netherlands lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Bulgaria, with a CAGR of X%, 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 more modest paces of growth.

Import Prices by Country

In 2022, the average tobacco making machinery import price amounted to $X per unit, declining by X% against the previous year. Over the period under review, the import price showed a deep setback. The pace of growth was the most pronounced in 2021 an increase of X%. As a result, import price reached the peak level of $X per unit, and then dropped sharply in the following year.

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

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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