Malaysia: Tobacco Market 2024

Tobacco Market Size in Malaysia

In 2022, after two years of growth, there was significant decline in the Malaysian tobacco market, when its value decreased by X% to $X. Over the period under review, consumption saw a perceptible contraction. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Tobacco consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Tobacco Production in Malaysia

In value terms, tobacco production declined modestly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Tobacco Exports

Exports from Malaysia

In 2022, exports of tobacco (smoking tobacco, chewing tobacco, snuff) from Malaysia was estimated at X tons, with an increase of X% compared with 2021 figures. In general, exports, however, recorded a abrupt setback. The pace of growth appeared the most rapid in 2016 with an increase of 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 failed to regain momentum.

In value terms, tobacco exports declined to $X in 2022. Over the period under review, exports, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons), the Philippines (X tons) and Indonesia (X tons) were the main destinations of tobacco exports from Malaysia, together accounting for X% of total exports. Belgium, Turkey, Russia, South Korea, Taiwan (Chinese), Singapore, Australia and Germany lagged somewhat behind, together accounting for 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 Turkey (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), the Philippines ($X) and Indonesia ($X) were the largest markets for tobacco exported from Malaysia worldwide, with a combined X% share of total exports. Belgium, Turkey, Russia, South Korea, Taiwan (Chinese), Singapore, Australia and Germany lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Turkey, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average tobacco export price amounted to $X per ton, falling by X% against the previous year. Overall, the export price recorded a deep setback. The pace of growth appeared the most rapid in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Australia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Tobacco Imports

Imports into Malaysia

For the third consecutive year, Malaysia recorded decline in supplies from abroad of tobacco (smoking tobacco, chewing tobacco, snuff), which decreased by X% to X tons in 2022. Overall, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, tobacco imports shrank significantly to $X in 2022. In general, imports showed a deep contraction. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Indonesia (X tons) constituted the largest supplier of tobacco to Malaysia, with a X% share of total imports. Moreover, tobacco imports from Indonesia exceeded the figures recorded by the second-largest supplier, India (X tons), threefold. The third position in this ranking was held by Denmark (X tons), with an X% share.

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

In value terms, the largest tobacco suppliers to Malaysia were Switzerland ($X), Indonesia ($X) and the Netherlands ($X), together accounting for X% of total imports. Denmark, India, Romania, Germany, Singapore, the United Arab Emirates, Vietnam, the Philippines, Nepal and France lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Romania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average tobacco import price amounted to $X per ton, surging by X% against the previous year. In general, the import price showed prominent growth. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2020; however, from 2021 to 2022, import prices stood 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 the Netherlands ($X per ton), while the price for Singapore ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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