Malaysia: Cigarettes Containing Tobacco Market 2024

Cigarettes Containing Tobacco Market Size in Malaysia

The Malaysian cigarettes containing tobacco market totaled $X in 2022, leveling off at the previous year. Over the period under review, consumption, however, continues to indicate a slight descent. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Cigarettes Containing Tobacco Production in Malaysia

In value terms, cigarettes containing tobacco production rose slightly to $X in 2022 estimated in export price. Overall, production, however, showed a mild reduction. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

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Cigarettes Containing Tobacco Exports

Exports from Malaysia

In 2022, overseas shipments of cigarettes containing tobacco were finally on the rise to reach X units after eight years of decline. Over the period under review, exports, however, continue to indicate a sharp shrinkage. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, cigarettes containing tobacco exports skyrocketed to $X in 2022. Overall, exports, however, showed a dramatic decrease. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Thailand (X units), the United Arab Emirates (X units) and India (X units) were the main destinations of cigarettes containing tobacco exports from Malaysia, with a combined X% share of total exports. Indonesia, China, Singapore, Iran, the Philippines, Vietnam, Taiwan (Chinese), Japan and Hong Kong SAR lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Indonesia (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, the United Arab Emirates ($X), Thailand ($X) and India ($X) constituted the largest markets for cigarettes containing tobacco exported from Malaysia worldwide, together accounting for X% of total exports. Indonesia, Singapore, China, the Philippines, Iran, Vietnam, Japan, Hong Kong SAR and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Indonesia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average cigarettes containing tobacco export price amounted to less than $X per thousand units, dropping by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2018 when the average export price increased by X%. The export price peaked at less than $X per thousand units in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR (less than $X per thousand units), while the average price for exports to 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 recorded for supplies to Hong Kong SAR (X%), while the prices for the other major destinations experienced more modest paces of growth.

Cigarettes Containing Tobacco Imports

Imports into Malaysia

For the third year in a row, Malaysia recorded decline in supplies from abroad of cigarettes containing tobacco, which decreased by X% to X units in 2022. Over the period under review, imports saw a deep downturn. The growth pace was the most rapid in 2019 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, cigarettes containing tobacco imports reduced modestly to $X in 2022. Overall, imports showed a deep slump. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Indonesia (X units) constituted the largest supplier of cigarettes containing tobacco to Malaysia, accounting for a X% share of total imports. Moreover, cigarettes containing tobacco imports from Indonesia exceeded the figures recorded by the second-largest supplier, the Philippines (X units), threefold. The third position in this ranking was held by Vietnam (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Indonesia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (X% per year) and Vietnam (X% per year).

In value terms, Indonesia ($X) constituted the largest supplier of cigarettes containing tobacco to Malaysia, comprising X% of total imports. The second position in the ranking was taken by the Philippines ($X), with a X% share of total imports. It was followed by Vietnam, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Indonesia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (X% per year) and Vietnam (X% per year).

Import Prices by Country

In 2022, the average cigarettes containing tobacco import price amounted to less than $X per thousand units, rising by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of less than $X per thousand units. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam (less than $X per thousand units), while the price for Singapore (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 Thailand (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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