Eastern Asia: Unmanufactured Tobacco Market 2024

Unmanufactured Tobacco Market Size in Eastern Asia

The East Asian unmanufactured tobacco market reduced to $X in 2022, waning by X% against the previous year. Over the period under review, consumption continues to indicate a abrupt shrinkage. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Unmanufactured Tobacco Production in Eastern Asia

In value terms, unmanufactured tobacco production reduced to $X in 2022 estimated in export price. In general, production continues to indicate a deep slump. The growth pace was the most rapid in 2021 when the production volume increased by X%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

The country with the largest volume of unmanufactured tobacco production was China (X tons), comprising approx. X% of total volume. Moreover, unmanufactured tobacco production in China exceeded the figures recorded by the second-largest producer, Democratic People's Republic of Korea (X tons), more than tenfold.

In China, unmanufactured tobacco production plunged by an average annual rate of X% over the period from 2012-2022.

The average unmanufactured tobacco yield dropped modestly to X tons per ha in 2022, with a decrease of X% compared with the previous year. In general, the yield, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2020 to 2022, the growth of the unmanufactured tobacco yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the unmanufactured tobacco harvested area in Eastern Asia declined modestly to X ha, approximately equating 2021. Overall, the harvested area saw a pronounced decline. The growth pace was the most rapid in 2019 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to unmanufactured tobacco production reached the maximum at X ha in 2013; however, from 2014 to 2022, the harvested area failed to regain momentum.

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Unmanufactured Tobacco Exports

Exports in Eastern Asia

In 2022, approx. X tons of tobacco (unmanufactured) were exported in Eastern Asia; jumping by X% compared with 2021 figures. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is likely to see steady growth in years to come.

In value terms, unmanufactured tobacco exports soared to $X in 2022. Over the period under review, exports, however, showed a slight slump. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

China prevails in exports structure, recording X tons, which was approx. X% of total exports in 2022. Japan (X tons) followed a long way behind the leaders.

China experienced a relatively flat trend pattern with regard to volume of exports of tobacco (unmanufactured). At the same time, Japan (X%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of X% from 2012-2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest unmanufactured tobacco supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Japan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in China stood at X%.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, surging by X% against the previous year. Overall, the export price, however, recorded a mild contraction. The pace of growth appeared the most rapid in 2014 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 2016; however, from 2017 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 Japan ($X per ton), while China amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%).

Unmanufactured Tobacco Imports

Imports in Eastern Asia

Unmanufactured tobacco imports rose significantly to X tons in 2022, with an increase of X% compared with the previous year. Overall, imports, however, continue to indicate a mild descent. The pace of growth appeared the most rapid in 2021 when imports increased by X%. The volume of import peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, unmanufactured tobacco imports reached $X in 2022. Over the period under review, imports, however, recorded a slight slump. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) represented the main importer of tobacco (unmanufactured), constituting X% of total imports. South Korea (X tons) held the second position in the ranking, distantly followed by Japan (X tons) and Taiwan (Chinese) (X tons). All these countries together took near X% share of total imports. Hong Kong SAR (X tons) followed a long way behind the leaders.

China experienced a relatively flat trend pattern with regard to volume of imports of tobacco (unmanufactured). At the same time, Taiwan (Chinese) (X%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, South Korea (X%), Japan (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. While the share of China (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Hong Kong SAR (X p.p.) and Japan (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual growth rate of value in China stood at X%. In the other countries, the average annual rates were as follows: South Korea (X% per year) and Japan (X% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2022, increasing by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the import price increased by X%. Over the period under review, import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a 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 China ($X per ton), while Hong Kong SAR ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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