Singapore - Tobacco (Smoking Tobacco, Chewing Tobacco, Snuff) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTobacco Price in Singapore - 2022
Contents:
- Tobacco Price in Singapore (CIF) - 2022
- Tobacco Price in Singapore (FOB) - 2022
- Tobacco Imports in Singapore
- Tobacco Exports in Singapore
Tobacco Price in Singapore (CIF) - 2022
In September 2022, the average tobacco import price amounted to $13,015 per ton, growing by 29% against the previous month. Over the period under review, import price indicated a buoyant increase from September 2021 to September 2022: its price increased at an average monthly rate of +7.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, tobacco import price increased by +29.3% against August 2022 indices. The most prominent rate of growth was recorded in December 2021 an increase of 37% m-o-m. Over the period under review, average import prices hit record highs in September 2022.
Prices varied noticeably by the country of origin: the country with the highest price was China ($50,664 per ton), while the price for South Korea ($4,000 per ton) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Tobacco Price in Singapore (FOB) - 2022
In 2022, the average tobacco export price amounted to $6,955 per ton, reducing by -3.1% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average export price increased by 31% against the previous year. As a result, the export price reached the peak level of $9,715 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($17,081 per ton), while the average price for exports to the Philippines ($5,246 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 Malaysia (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.
Tobacco Imports in Singapore
In 2022, purchases abroad of tobacco (smoking tobacco, chewing tobacco, snuff) was finally on the rise to reach 3.2K tons after two years of decline. In general, imports, however, showed a abrupt descent.
In value terms, tobacco imports soared to $27M in 2022. Over the period under review, imports, however, saw a mild decline.
| Import of Tobacco in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 9.0 | 11.6 | 7.1 | 12.1 | 10.4% |
| Malaysia | 4.7 | 1.0 | 0.3 | 3.1 | -13.0% |
| Germany | 0.3 | 1.2 | 2.2 | 3.1 | 117.8% |
| United Kingdom | 3.5 | 0.3 | 0.1 | 1.8 | -19.9% |
| South Korea | 2.0 | 0.5 | 0.6 | 1.4 | -11.2% |
| India | 2.9 | 1.0 | 0.4 | 1.0 | -29.9% |
| United Arab Emirates | 0.3 | 0.4 | 0.5 | 0.7 | 32.6% |
| Others | 5.6 | 4.1 | 3.8 | 3.8 | -12.1% |
| Total | 28.3 | 20.2 | 14.9 | 26.9 | -1.7% |
Top Suppliers of Tobacco to Singapore in 2022:
- Indonesia (1405.3 tons)
- Malaysia (423.6 tons)
- South Korea (349.2 tons)
- Germany (321.8 tons)
- United Kingdom (209.1 tons)
- United Arab Emirates (133.8 tons)
- India (111.1 tons)
Tobacco Exports in Singapore
In 2022, shipments abroad of tobacco (smoking tobacco, chewing tobacco, snuff) was finally on the rise to reach 2K tons after two years of decline. Over the period under review, exports, however, showed a abrupt downturn.
In value terms, tobacco exports skyrocketed to $14M in 2022. In general, exports, however, saw a deep setback.
| Export of Tobacco in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 4.4 | 0.9 | 1.7 | 3.0 | -12.0% |
| Indonesia | 3.7 | 2.4 | 1.4 | 2.9 | -7.8% |
| Vietnam | 1.8 | 5.3 | 1.0 | 2.6 | 13.0% |
| Bangladesh | 0.6 | 1.7 | 1.0 | 1.7 | 41.5% |
| Myanmar | 1.2 | 1.2 | 0.6 | 1.2 | 0.0% |
| Malaysia | 1.5 | 1.1 | 0.2 | 0.8 | -18.9% |
| Thailand | 0.8 | 1.4 | 0.4 | 0.7 | -4.4% |
| United Arab Emirates | 0.1 | N/A | N/A | N/A | 0% |
| Saudi Arabia | 1.0 | 0.4 | N/A | N/A | -60.0% |
| Others | 3.4 | 1.0 | 0.8 | 1.2 | -29.3% |
| Total | 18.5 | 15.3 | 7.2 | 14.1 | -8.7% |
Top Export Markets for Tobacco from Singapore in 2022:
- Philippines (567.1 tons)
- Indonesia (446.8 tons)
- Vietnam (331.8 tons)
- Bangladesh (253.0 tons)
- Myanmar (216.8 tons)
- Malaysia (84.9 tons)
- Thailand (42.7 tons)
- United Arab Emirates (15.3 tons)
This report provides an in-depth analysis of the 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 12001930 - Smoking tobacco (excluding tobacco duty)
- Prodcom 12001990 - Manufactured tobacco, extracts and essences, other homogenised or reconstituted tobacco, n.e.c.
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
502
This report provides an in-depth analysis of the tobacco market in Singapore.
428
This report provides an in-depth analysis of the market for manufactured tobacco, extracts and essences in Singapore.
312
This report provides an in-depth analysis of the smoking tobacco market in Singapore.
3443
This report provides an in-depth analysis of the global tobacco market.
533
This report provides an in-depth analysis of the global market for manufactured tobacco, extracts and essences.
564
Global Smoking Tobacco Market Report 2018. This report provides an in-depth analysis of the global smoking tobacco market.
502
This report provides an in-depth analysis of the tobacco market in Singapore.
428
This report provides an in-depth analysis of the market for manufactured tobacco, extracts and essences in Singapore.
312
This report provides an in-depth analysis of the smoking tobacco market in Singapore.
3443
This report provides an in-depth analysis of the global tobacco market.
1073
In value terms, unmanufactured tobacco imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated ...
2440
In 2016, approx. X tons of tobacco were exported worldwide; increasing by X% against the previous year level. In general, tobacco exports continue to indicate a remarkable expansion. The pace of...
2110
Global tobacco imports totaled X tons in 2016, going down by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- howeve...
1015
Global tobacco imports totaled X tons in 2016, going down by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- howeve...
2314
In value terms, unmanufactured tobacco exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some n...
1073
In value terms, unmanufactured tobacco imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated ...
2440
In 2016, approx. X tons of tobacco were exported worldwide; increasing by X% against the previous year level. In general, tobacco exports continue to indicate a remarkable expansion. The pace of...
2110
Global tobacco imports totaled X tons in 2016, going down by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- howeve...
1015
Global tobacco imports totaled X tons in 2016, going down by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- howeve...
2314
In value terms, unmanufactured tobacco exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some n...
