Asia: Cigarettes Containing Tobacco Market 2024

Cigarettes Containing Tobacco Market Size in Asia

The Asian cigarettes containing tobacco market fell slightly to $X in 2022, stabilizing at the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The level of consumption peaked at $X in 2021, and then declined in the following year.

Cigarettes Containing Tobacco Production in Asia

In value terms, cigarettes containing tobacco production fell to $X in 2022 estimated in export price. Overall, production showed a pronounced increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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Cigarettes Containing Tobacco Exports

Exports in Asia

After three years of decline, shipments abroad of cigarettes containing tobacco increased by X% to X units in 2022. Total exports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, cigarettes containing tobacco exports soared to $X in 2022. Total exports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United Arab Emirates was the key exporting country with an export of about X units, which finished at X% of total exports. Indonesia (X units) held the second position in the ranking, followed by South Korea (X units), Turkey (X units) and the Philippines (X units). All these countries together took approx. X% share of total exports. Armenia (X units), Singapore (X units), Oman (X units), Hong Kong SAR (X units), Taiwan (Chinese) (X units) and Vietnam (X units) followed a long way behind the leaders.

The United Arab Emirates was also the fastest-growing in terms of the cigarettes containing tobacco exports, with a CAGR of X% from 2012 to 2022. At the same time, Oman (X%), Armenia (X%), Taiwan (Chinese) (X%), the Philippines (X%), Indonesia (X%) and Turkey (X%) displayed positive paces of growth. South Korea and Vietnam experienced a relatively flat trend pattern. By contrast, Singapore (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X p.p.), Armenia (X p.p.), Oman (X p.p.) and the Philippines (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Turkey (X p.p.), South Korea (X p.p.), Singapore (X p.p.) and Hong Kong SAR (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) emerged as the largest cigarettes containing tobacco supplier in Asia, comprising X% of total exports. The second position in the ranking was held by Indonesia ($X), with a X% share of total exports. It was followed by South Korea, with a X% share.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates totaled X%. In the other countries, the average annual rates were as follows: Indonesia (X% per year) and South Korea (X% per year).

Export Prices by Country

The export price in Asia stood at less than $X per thousand units in 2022, growing by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the export price increased by X%. Over the period under review, the export prices attained the peak figure at less than $X per thousand units in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Hong Kong SAR (less than $X per thousand units), while the Philippines (less than $X per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Armenia (X%), while the other leaders experienced more modest paces of growth.

Cigarettes Containing Tobacco Imports

Imports in Asia

In 2022, after three years of decline, there was significant growth in purchases abroad of cigarettes containing tobacco, when their volume increased by X% to X units. Over the period under review, imports, however, continue to indicate a mild decline. Over the period under review, imports reached the maximum at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, cigarettes containing tobacco imports amounted to $X in 2022. In general, imports, however, continue to indicate a perceptible setback. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

The purchases of the twelve major importers of cigarettes containing tobacco, namely Iraq, Kuwait, Japan, Cambodia, the United Arab Emirates, Syrian Arab Republic, Hong Kong SAR, Afghanistan, Singapore, Oman, Thailand and China, represented more than two-thirds of total import. Taiwan (Chinese) (X units) took a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Oman (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Kuwait ($X) and Iraq ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. The United Arab Emirates, Syrian Arab Republic, Hong Kong SAR, Afghanistan, Singapore, Oman, China, Thailand, Cambodia and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Oman, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia stood at less than $X per thousand units in 2022, reducing by X% against the previous year. In general, the import price saw a slight decrease. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The level of import peaked at less than $X per thousand units in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan (less than $X per thousand units), while Cambodia (less than $X per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Afghanistan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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