Eastern Asia: Cigarettes Containing Tobacco Market 2024

Cigarettes Containing Tobacco Market Size in Eastern Asia

The East Asian cigarettes containing tobacco market rose to $X in 2022, with an increase of X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Cigarettes Containing Tobacco Production in Eastern Asia

In value terms, cigarettes containing tobacco production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Cigarettes Containing Tobacco Exports

Exports in Eastern Asia

In 2022, shipments abroad of cigarettes containing tobacco decreased by X% to X units, falling for the sixth consecutive year after three years of growth. In general, exports saw a abrupt decline. The pace of growth appeared the most rapid in 2015 when exports increased by X%. The volume of export peaked at X units in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, cigarettes containing tobacco exports dropped sharply to $X in 2022. Over the period under review, exports recorded a abrupt setback. The pace of growth was the most pronounced in 2015 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

South Korea represented the key exporting country with an export of about X units, which reached X% of total exports. It was distantly followed by Hong Kong SAR (X units), Taiwan (Chinese) (X units) and China (X units), together mixing up a X% share of total exports.

South Korea experienced a relatively flat trend pattern with regard to volume of exports of cigarettes containing tobacco. At the same time, Taiwan (Chinese) (X%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, China (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. South Korea (X p.p.) and Taiwan (Chinese) (X p.p.) significantly strengthened its position in terms of the total exports, while China and Hong Kong SAR saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, South Korea ($X) remains the largest cigarettes containing tobacco supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Hong Kong SAR ($X), with a X% share of total exports. It was followed by China, with a X% share.

In South Korea, cigarettes containing tobacco exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Hong Kong SAR (X% per year) and China (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to less than $X per thousand units, with a decrease of X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the export price increased by X%. The level of export peaked at less than $X per thousand units in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was China (less than $X per thousand units), while South Korea (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 China (X%), while the other leaders experienced mixed trends in the export price figures.

Cigarettes Containing Tobacco Imports

Imports in Eastern Asia

In 2022, overseas purchases of cigarettes containing tobacco were finally on the rise to reach X units for the first time since 2018, thus ending a three-year declining trend. Over the period under review, imports, however, saw a perceptible contraction. Over the period under review, imports attained the peak figure at X units in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, cigarettes containing tobacco imports shrank to $X in 2022. In general, imports, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2016 when imports increased by X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Japan represented the main importing country with an import of around X units, which amounted to X% of total imports. Hong Kong SAR (X units) ranks second in terms of the total imports with a X% share, followed by China (X%), Taiwan (Chinese) (X%) and South Korea (X%).

From 2012 to 2022, average annual rates of growth with regard to cigarettes containing tobacco imports into Japan stood at X%. At the same time, South Korea (X%) and China (X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Taiwan (Chinese) (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. China (X p.p.) and South Korea (X p.p.) significantly strengthened its position in terms of the total imports, while Hong Kong SAR and Japan saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported cigarettes containing tobacco in Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with a X% share of total imports. It was followed by China, with a X% share.

In Japan, cigarettes containing tobacco imports decreased by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Hong Kong SAR (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to less than $X per thousand units, falling by X% against the previous year. Over the period under review, the import price saw a pronounced decline. The most prominent rate of growth was recorded in 2020 an increase of X%. The level of import peaked at less than $X per thousand units in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan (less than $X per thousand units), while Taiwan (Chinese) (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 Hong Kong SAR (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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