Singapore - Cigarettes Containing Tobacco - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Singapore - Cigarettes Containing Tobacco - Market Analysis, Forecast, Size, Trends and Insights

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Cigarettes Containing Tobacco Price in Singapore - 2022

Contents:

  1. Cigarettes Containing Tobacco Price in Singapore (FOB) - 2022
  2. Cigarettes Containing Tobacco Price in Singapore (CIF) - 2022
  3. Cigarettes Containing Tobacco Exports in Singapore
  4. Cigarettes Containing Tobacco Imports in Singapore

Cigarettes Containing Tobacco Price in Singapore (FOB) - 2022

The average cigarettes containing tobacco export price stood at less than $0.1 per thousand units in 2022, shrinking by -2.8% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 23% against the previous year. As a result, the export price attained the peak level of less than $0.1 per thousand units. From 2016 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cambodia (less than $0.1 per thousand units), while the average price for exports to Japan (less than $0.1 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.

Cigarettes Containing Tobacco Price in Singapore (CIF) - 2022

The average cigarettes containing tobacco import price stood at less than $0.1 per thousand units in 2022, growing by 9.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2021 an increase of 17%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia (less than $0.1 per thousand units), while the price for India (less than $0.1 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Cigarettes Containing Tobacco Exports in Singapore

In 2022, approx. 22,762B units of cigarettes containing tobacco were exported from Singapore; falling by -36.3% on 2021 figures. In general, exports saw a precipitous decline. The smallest decline of -6% was in 2021. The exports peaked at 60,752B units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, cigarettes containing tobacco exports declined markedly to $383M in 2022. Overall, exports recorded a sharp decrease. The growth pace was the most rapid in 2021 with an increase of 1.9%. The exports peaked at $1.1B in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Cigarettes Containing Tobacco in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam47421925683.1-44.0%
Thailand18463.671.760.8-30.9%
Australia51.956.439.843.3-5.9%
Philippines5.012.129.022.966.1%
Indonesia35.755.858.321.8-15.2%
Myanmar0.1N/AN/A20.8492.5%
Taiwan (Chinese)15.120.818.719.28.3%
Hong Kong SAR33.29.918.715.0-23.3%
China7.815.218.913.921.2%
Japan20.413.412.013.0-13.9%
Malaysia57.024.47.59.0-46.0%
New Zealand13.67.29.97.3-18.7%
Cambodia52.838.68.74.5-56.0%
Others11070.668.848.6-23.8%
Total1,061607619383-28.8%

Top Export Markets for Cigarettes Containing Tobacco from Singapore in 2022:

  1. Vietnam (3961.2B units)
  2. Australia (3580.7B units)
  3. Thailand (3180.1B units)
  4. Philippines (1553.8B units)
  5. Taiwan (Chinese) (1517.4B units)
  6. Myanmar (1515.9B units)
  7. Indonesia (1352.2B units)
  8. Japan (1211.3B units)
  9. China (1008.4B units)
  10. Hong Kong SAR (911.5B units)
  11. Malaysia (764.1B units)
  12. New Zealand (603.8B units)
  13. Cambodia (191.3B units)

Cigarettes Containing Tobacco Imports in Singapore

For the third year in a row, Singapore recorded decline in overseas purchases of cigarettes containing tobacco, which decreased by -42.8% to 16,341B units in 2022. Over the period under review, imports recorded a sharp curtailment. The smallest decline of -7.2% was in 2021. Imports peaked at 48,494B units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, cigarettes containing tobacco imports fell markedly to $357M in 2022. In general, imports saw a sharp decrease. The pace of growth was the most pronounced in 2021 with an increase of 9%. Imports peaked at $787M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Cigarettes Containing Tobacco in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia176173162144-6.5%
Philippines54.840.360.449.5-3.3%
United Arab Emirates56.461.310242.8-8.8%
China23610278.228.0-50.9%
Vietnam90.552.525.826.5-33.6%
Hong Kong SAR58.126.847.119.4-30.6%
South Korea28.016.853.219.1-12.0%
Others87.150.441.428.1-31.4%
Total787523570357-23.2%

Top Suppliers of Cigarettes Containing Tobacco to Singapore in 2022:

  1. Indonesia (4246.7B units)
  2. United Arab Emirates (3417.9B units)
  3. Vietnam (2389.4B units)
  4. Philippines (1853.7B units)
  5. China (1406.3B units)
  6. Hong Kong SAR (1081.0B units)
  7. South Korea (682.9B units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cigarettes containing tobacco market in Singapore. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 12001150 - Cigarettes containing tobacco or mixtures of tobacco and tobacco substitutes (excluding tobacco duty)

Country coverage:

  • Singapore

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Singapore
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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