India - Tobacco (Smoking Tobacco, Chewing Tobacco, Snuff) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

India - Tobacco (Smoking Tobacco, Chewing Tobacco, Snuff) - Market Analysis, Forecast, Size, Trends and Insights

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Tobacco Price in India - 2023

Contents:

  1. Tobacco Price in India (FOB) - 2023
  2. Tobacco Price in India (CIF) - 2023
  3. Tobacco Exports in India
  4. Tobacco Imports in India

Tobacco Price in India (FOB) - 2023

The average tobacco export price stood at $8,906 per ton in July 2023, with an increase of 13% against the previous month. Over the period under review, the export price, however, saw a noticeable setback. The pace of growth was the most pronounced in February 2023 an increase of 30% month-to-month. Over the period under review, the average export prices hit record highs at $15,196 per ton in July 2022; however, from August 2022 to July 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was the United States ($30,958 per ton), while the average price for exports to Libya ($1,017 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.

Tobacco Price in India (CIF) - 2023

The average tobacco import price stood at $5,699 per ton in July 2023, dropping by -3.8% against the previous month. In general, the import price showed a deep reduction. The growth pace was the most rapid in December 2022 when the average import price increased by 248% m-o-m. As a result, import price reached the peak level of $23,461 per ton. From January 2023 to July 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Indonesia ($10,918 per ton), while the price for France ($3,461 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Philippines (+1.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Tobacco Exports in India

In 2022, shipments abroad of tobacco (smoking tobacco, chewing tobacco, snuff) was finally on the rise to reach 26K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a abrupt contraction.

In value terms, tobacco exports rose sharply to $302M in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern.

Export of Tobacco in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Afghanistan94.047.950.759.1-14.3%
United States36.135.436.136.40.3%
Thailand43.434.936.434.5-7.4%
Singapore9.735.323.424.736.6%
South Africa8.35.419.121.737.8%
United Arab Emirates10.411.39.019.222.7%
Yemen11.213.313.412.74.3%
Sri Lanka19.81.98.09.5-21.7%
Malaysia13.95.34.37.4-19.0%
Saudi Arabia9.35.73.06.9-9.5%
Nepal2.83.33.04.315.4%
Ukraine3.53.60.22.2-14.3%
Russia2.61.21.21.8-11.5%
Others42.253.862.561.513.4%
Total307258270302-0.5%

Top Export Markets for Tobacco from India in 2022:

  1. Afghanistan (4.1K tons)
  2. United Arab Emirates (3.5K tons)
  3. Thailand (3.3K tons)
  4. Saudi Arabia (2.3K tons)
  5. Singapore (1.5K tons)
  6. Yemen (1.3K tons)
  7. South Africa (1.2K tons)
  8. United States (1.1K tons)
  9. Malaysia (0.8K tons)
  10. Nepal (0.7K tons)
  11. Sri Lanka (0.7K tons)
  12. Ukraine (0.5K tons)
  13. Russia (0.4K tons)

Tobacco Imports in India

In 2022, the amount of tobacco (smoking tobacco, chewing tobacco, snuff) imported into India soared to 5.3K tons, growing by 132% compared with the year before. In general, imports posted a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, tobacco imports skyrocketed to $46M in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Tobacco in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates2.10.94.924.3126.2%
Philippines5.94.57.314.735.6%
Indonesia3.32.32.35.014.9%
France1.91.00.30.8-25.0%
South Korea0.70.60.20.6-5.0%
South Africa0.3N/AN/AN/A0%
Others0.60.82.71.018.6%
Total14.810.117.746.346.3%

Top Suppliers of Tobacco to India in 2022:

  1. Philippines (2737.3 tons)
  2. United Arab Emirates (1609.0 tons)
  3. Indonesia (500.1 tons)
  4. France (247.6 tons)
  5. South Korea (135.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the tobacco market in India. 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 12001930 - Smoking tobacco (excluding tobacco duty)
  • Prodcom 12001990 - Manufactured tobacco, extracts and essences, other homogenised or reconstituted tobacco, n.e.c.

Country coverage:

  • India

Data coverage:

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