Australia and Oceania: Unmanufactured Tobacco Market 2024

Unmanufactured Tobacco Market Size in Australia and Oceania

In 2022, the unmanufactured tobacco market in Australia and Oceania increased by X% to $X for the first time since 2016, thus ending a five-year declining trend. Overall, consumption, however, showed a dramatic shrinkage. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Unmanufactured Tobacco Production in Australia and Oceania

In value terms, unmanufactured tobacco production soared to $X in 2022 estimated in export price. In general, production posted a moderate expansion. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

The countries with the highest volumes of production in 2022 were Australia (X tons), New Zealand (X tons) and Fiji (X tons), with a combined X% share of total production. Samoa and Solomon Islands lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Samoa (with a CAGR of X%), while production for the other leaders experienced mixed trends in the production figures.

The average unmanufactured tobacco yield soared to X tons per ha in 2022, growing by X% on 2021 figures. Over the period under review, the yield recorded strong growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2021 to 2022, the growth of the unmanufactured tobacco yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of tobacco (unmanufactured) were harvested in Australia and Oceania; approximately equating the year before. Overall, the harvested area saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to unmanufactured tobacco production attained the peak figure at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Unmanufactured Tobacco Exports

Exports in Australia and Oceania

Unmanufactured tobacco exports surged to X tons in 2022, rising by X% against the previous year. Over the period under review, exports, however, continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, unmanufactured tobacco exports surged to $X in 2022. In general, exports, however, saw a abrupt descent. The pace of growth was the most pronounced in 2020 with an increase of X%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The shipments of the one major exporters of tobacco (unmanufactured), namely New Zealand, represented more than two-thirds of total export.

New Zealand was also the fastest-growing in terms of the tobacco (unmanufactured) exports, with a CAGR of X% from 2012 to 2022. From 2012 to 2022, the share of New Zealand increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, New Zealand ($X) also remains the largest unmanufactured tobacco supplier in Australia and Oceania.

From 2012 to 2022, the average annual rate of growth in terms of value in New Zealand totaled X%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, declining by X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for New Zealand.

From 2012 to 2022, the rate of growth in terms of prices for New Zealand amounted to X% per year.

Unmanufactured Tobacco Imports

Imports in Australia and Oceania

After four years of decline, supplies from abroad of tobacco (unmanufactured) increased by X% to X tons in 2022. Overall, imports, however, showed a precipitous descent. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, unmanufactured tobacco imports soared to $X in 2022. In general, imports, however, saw a significant decrease. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Solomon Islands (X tons) was the main importer of tobacco (unmanufactured), generating X% of total imports. It was distantly followed by Papua New Guinea (X tons), generating a X% share of total imports. Micronesia (X tons), Marshall Islands (X tons) and New Zealand (X tons) held a relatively small share of total imports.

Solomon Islands was also the fastest-growing in terms of the tobacco (unmanufactured) imports, with a CAGR of X% from 2012 to 2022. At the same time, Marshall Islands (X%) and Micronesia (X%) displayed positive paces of growth. By contrast, Papua New Guinea (X%) and New Zealand (X%) illustrated a downward trend over the same period. Solomon Islands (X p.p.), Papua New Guinea (X p.p.), Micronesia (X p.p.) and Marshall Islands (X p.p.) significantly strengthened its position in terms of the total imports, while New Zealand saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the largest unmanufactured tobacco importing markets in Australia and Oceania were Solomon Islands ($X), Papua New Guinea ($X) and New Zealand ($X), together comprising X% of total imports.

Solomon Islands, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, dropping by X% against the previous year. In general, the import price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the import prices remained at a somewhat lower figure.

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 New Zealand ($X per ton), while Micronesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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