GCC: Unmanufactured Tobacco Market 2024

Unmanufactured Tobacco Market Size in GCC

In 2022, the GCC unmanufactured tobacco market increased by X% to $X, rising for the fourth consecutive year after two years of decline. In general, consumption saw resilient growth. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the near future.

Unmanufactured Tobacco Production in GCC

In value terms, unmanufactured tobacco production soared to $X in 2022 estimated in export price. In general, production continues to indicate a resilient expansion. The growth pace was the most rapid in 2020 when the production volume increased by X% against the previous year. As a result, production reached 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 Saudi Arabia (X tons), Oman (X tons) and the United Arab Emirates (X tons), with a combined X% share of total production.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by Saudi Arabia (with a CAGR of X%), while production for the other leaders experienced mixed trends in the production figures.

In 2022, the average yield of tobacco (unmanufactured) in GCC skyrocketed to X tons per ha, with an increase of X% against 2021 figures. Overall, the yield continues to indicate a prominent increase. The growth pace was the most rapid in 2020 with an increase of X%. 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, the total area harvested in terms of tobacco (unmanufactured) production in GCC was estimated at X ha, remaining relatively unchanged against 2021. Over the period under review, the harvested area recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the harvested area increased by X% against the previous year. The level of harvested area peaked at X ha in 2013; however, from 2014 to 2022, the harvested area failed to regain momentum.

Unmanufactured Tobacco Exports

Exports in GCC

In 2022, overseas shipments of tobacco (unmanufactured) increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, unmanufactured tobacco exports skyrocketed to $X in 2022. Overall, exports posted a buoyant increase. 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 dominates exports structure, amounting to X tons, which was approx. X% of total exports in 2022. It was distantly followed by Oman (X tons), comprising a X% share of total exports.

The United Arab Emirates experienced a relatively flat trend pattern with regard to volume of exports of tobacco (unmanufactured). At the same time, Oman (X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in GCC, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Oman increased by X percentage points.

In value terms, the United Arab Emirates ($X) remains the largest unmanufactured tobacco supplier in GCC, comprising X% of total exports. The second position in the ranking was held by Oman ($X), with a X% share of total exports.

In the United Arab Emirates, unmanufactured tobacco exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in GCC amounted to $X per ton, rising by X% against the previous year. Overall, the export price saw a resilient expansion. The pace of growth appeared the most rapid in 2015 when the export price increased by X%. Over the period under review, the export prices reached the maximum at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Oman stood at $X per ton.

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

Unmanufactured Tobacco Imports

Imports in GCC

For the third consecutive year, GCC recorded growth in supplies from abroad of tobacco (unmanufactured), which increased by X% to X tons in 2022. Over the period under review, imports enjoyed a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, unmanufactured tobacco imports soared to $X in 2022. Overall, imports continue to indicate a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The United Arab Emirates (X tons) represented roughly X% of total imports in 2022.

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

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported tobacco (unmanufactured) in GCC.

In the United Arab Emirates, unmanufactured tobacco imports increased at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in GCC stood at $X per ton in 2022, jumping by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the import price increased by X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :