Tobacco Market

Tobacco market: download the latest datasets provided by an Ai-driven market research platform. Info contain companies, trade, imports, production, market prices, exports, market size, and consumption. Here is a breakdown by region, including EU, Russia, Africa, the U.S., the Middle East, the U.K., Latin America, and China. Market trends and outlook to 2030 are also featured in the snapshots.

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Tobacco - World's Largest Markets

In value terms, the largest tobacco markets worldwide were China, India and the United States, with a combined 25% share of the global market. Japan, Turkey, Indonesia, Nigeria, Malawi, Bangladesh, Pakistan, France, the UK and Russia lagged somewhat behind, together accounting for a further 17%.

Japan (+110.5% per year) saw the highest rates of growth with regard to market size, in terms of the main consuming countries over the period under review, while tobacco market for the other global leaders experienced more modest paces of growth.

Tobacco Prices

Tobacco - Top Importers

In value terms, Japan ($3B) constitutes the largest market for imported tobacco (smoking tobacco, chewing tobacco, snuff) worldwide, comprising 30% of global imports. The second position in the ranking was occupied by Germany ($600M), with a 6% share of global imports. It was followed by Poland, with a 5% share.

From 2018 to 2020, the average annual rate of growth in terms of value in Japan totaled +120.1%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+7.6% per year) and Poland (+71.7% per year).

Tobacco - Top Exporters

In value terms, Italy ($1.7B), the Netherlands ($1.1B) and Germany ($959M) were the countries with the highest levels of exports in 2020, together comprising 41% of global exports. Romania, Poland, Russia, the United Arab Emirates, Belgium, India, Turkey, France, South Korea and Brazil lagged somewhat behind, together accounting for a further 35%.

Romania (+154.3% per year) saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Tobacco - Market Forecast

Driven by increasing demand for tobacco worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Tobacco - Top Companies

Qiannan Jinfu Co.,Ltd., Philip Morris Products S.A., Philip Morris International Inc., Altria Group, Inc., JAPAN TOBACCO INC., JT International AG Dagmersellen, Reynolds American Inc., ITC LIMITED, PHILIP MORRIS INDONESIA, PT, GUDANG GARAM, PT TBK, Reemtsma Cigarettenfabriken Gesellschaft mit beschränkter Haftung, China Tobacco Corporation Chongqing Company, GUDANG GARAM, PT TBK, British American Tobacco (Germany) GmbH, HANJAYA MANDALA SAMPOERNA, PT TBK, DJARUM, PT, Philip Morris Benelux BVBA, KT&G Corporation, China Tobacco Fujian Industrial Co.,Ltd., PHILIP MORRIS (AUSTRALIA) LIMITED

Tobacco - Product Coverage

• HS 240311 - Tobacco; smoking, water pipe tobacco as specified in Subheading Note 1 to this Chapter, whether or not containing tobacco substitutes in any proportion
• HS 240319 - Tobacco; smoking, other than water pipe tobacco, whether or not containing tobacco substitutes in any proportion
• HS 240391 - Tobacco; homogenised or reconstituted
• HS 240399 - Tobacco; other than homogenised or reconstituted or smoking

Source: IndexBox Market Intelligence Platform