China - Manufactured Tobacco, Extracts And Essences - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

China - Manufactured Tobacco, Extracts And Essences - Market Analysis, Forecast, Size, Trends And Insights

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Price for Manufactured Tobacco, Extracts and Essences in China - 2023

Contents:

  1. Price for Manufactured Tobacco, Extracts and Essences in China (CIF) - 2022
  2. Price for Manufactured Tobacco, Extracts and Essences in China (FOB) - 2022
  3. Imports of Manufactured Tobacco, Extracts and Essences in China
  4. Exports of Manufactured Tobacco, Extracts and Essences in China

Price for Manufactured Tobacco, Extracts and Essences in China (CIF) - 2022

The average import price for manufactured tobacco, extracts and essences stood at $3,498 per ton in 2022, reducing by -16.2% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 19% against the previous year. As a result, import price attained the peak level of $4,176 per ton, 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 the United Arab Emirates ($12,040 per ton), while the price for India ($2,379 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+15.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Manufactured Tobacco, Extracts and Essences in China (FOB) - 2022

In 2022, the average export price for manufactured tobacco, extracts and essences amounted to $22,821 per ton, surging by 140% against the previous year. In general, the export price recorded a significant expansion. The pace of growth appeared the most rapid in 2013 an increase of 340%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tajikistan ($43,210 per ton), while the average price for exports to Hong Kong SAR ($1,685 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+16.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Manufactured Tobacco, Extracts and Essences in China

In 2022, supplies from abroad of manufactured tobacco, extracts and essences decreased by -5% to 4.6K tons, falling for the second consecutive year after two years of growth. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +9.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -26.6% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 79%. As a result, imports attained the peak of 6.2K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, manufactured tobacco, extracts and essences imports fell dramatically to $16M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +10.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -26.8% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 84% against the previous year. As a result, imports reached the peak of $22M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Manufactured Tobacco, Extracts and Essences in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France11.420.815.314.27.6%
United Arab EmiratesN/A0.34.11.2100.0%
India0.20.10.30.314.5%
Others0.40.80.50.40.0%
Total11.921.920.216.010.4%

Top Suppliers of Manufactured Tobacco, Extracts and Essences to China in 2022:

  1. France (4.3K tons)
  2. United Arab Emirates (0.1K tons)
  3. India (0.1K tons)

Exports of Manufactured Tobacco, Extracts and Essences in China

In 2022, approx. 216 tons of manufactured tobacco, extracts and essences were exported from China; falling by -81.5% on 2021. Overall, exports recorded a precipitous descent. The smallest decline of -1.8% was in 2021.

In value terms, manufactured tobacco, extracts and essences exports reduced markedly to $4.9M in 2022. Over the period under review, exports recorded a abrupt contraction. The growth pace was the most rapid in 2021 when exports increased by 65% against the previous year. As a result, the exports reached the peak of $11M, and then fell dramatically in the following year.

Export of Manufactured Tobacco, Extracts and Essences in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
HungaryN/A80.69221,884383.5%
Japan1,2963,0787,2111,4193.1%
TajikistanN/AN/AN/A4590%
Czech RepublicN/A10.1304310454.0%
GermanyN/AN/A19.52431146.2%
BelizeN/AN/AN/A74.10%
Hong Kong SAR1,7901,52634328.0-75.0%
Vietnam2,039120439N/A-53.6%
Lithuania14025371.9N/A-28.3%
Indonesia1661352.4N/A-88.0%
Lao People's Democratic Republic84366.2N/AN/A-92.1%
Others5451,4411,789516-1.8%
Total6,8196,71111,1024,932-10.2%

Top Export Markets for Manufactured Tobacco, Extracts and Essences from China in 2022:

  1. Japan (75.5 tons)
  2. Hungary (51.0 tons)
  3. Belize (26.6 tons)
  4. Hong Kong SAR (16.6 tons)
  5. Czech Republic (16.2 tons)
  6. Tajikistan (10.6 tons)
  7. Germany (6.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for manufactured tobacco, extracts and essences in China. 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 12001990 - Manufactured tobacco, extracts and essences, other homogenised or reconstituted tobacco, n.e.c.

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • 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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