Pakistan: Market for Manufactured Tobacco, Extracts And Essences 2024

Market Size for Manufactured Tobacco, Extracts And Essences in Pakistan

In 2022, the Pakistani market for manufactured tobacco, extracts and essences increased by X% to $X for the first time since 2018, thus ending a three-year declining trend. Over the period under review, consumption, however, faced a abrupt contraction. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Production of Manufactured Tobacco, Extracts And Essences in Pakistan

In value terms, manufactured tobacco, extracts and essences production reached $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Exports of Manufactured Tobacco, Extracts And Essences

Exports from Pakistan

After six years of growth, overseas shipments of manufactured tobacco, extracts and essences decreased by X% to X tons in 2022. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The exports peaked at X tons in 2021, and then declined dramatically in the following year.

In value terms, manufactured tobacco, extracts and essences exports dropped sharply to $X in 2022. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then reduced rapidly in the following year.

Exports by Country

Yemen (X tons) was the main destination for manufactured tobacco, extracts and essences exports from Pakistan, with a X% share of total exports. Moreover, manufactured tobacco, extracts and essences exports to Yemen exceeded the volume sent to the second major destination, Vietnam (X tons), sixfold. The third position in this ranking was held by Denmark (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Yemen stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (X% per year) and Denmark (X% per year).

In value terms, Yemen ($X) remains the key foreign market for manufactured tobacco, extracts and essences exports from Pakistan, comprising X% of total exports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total exports. It was followed by Denmark, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Yemen stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (X% per year) and Denmark (X% per year).

Export Prices by Country

In 2022, the average export price for manufactured tobacco, extracts and essences amounted to $X per ton, shrinking by X% against the previous year. In general, the export price showed a perceptible setback. The pace of growth was the most pronounced in 2016 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Yemen ($X per ton), while the average price for exports to Germany ($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 Yemen (X%), while the prices for the other major destinations experienced a decline.

Imports of Manufactured Tobacco, Extracts And Essences

Imports into Pakistan

In 2022, after three years of growth, there was significant decline in overseas purchases of manufactured tobacco, extracts and essences, when their volume decreased by X% to X tons. Over the period under review, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2021, and then shrank markedly in the following year.

In value terms, manufactured tobacco, extracts and essences imports contracted remarkably to $X in 2022. Overall, imports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then shrank markedly in the following year.

Imports by Country

In 2022, the United States (X tons) constituted the largest manufactured tobacco, extracts and essences supplier to Pakistan, with a X% share of total imports. Moreover, manufactured tobacco, extracts and essences imports from the United States exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), threefold. Malaysia (X tons) ranked third in terms of total imports with a X% share.

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

In value terms, the United States ($X) constituted the largest supplier of manufactured tobacco, extracts and essences to Pakistan, comprising X% of total imports. The second position in the ranking was held by Indonesia ($X), with a X% share of total imports. It was followed by Malaysia, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (X% per year) and Malaysia (X% per year).

Import Prices by Country

The average import price for manufactured tobacco, extracts and essences stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, the import price continues to indicate a deep setback. The growth pace was the most rapid in 2018 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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