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Philippines - Cigarettes Containing Tobacco - Market Analysis, Forecast, Size, Trends and Insights
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Philippines: Cigarettes Containing Tobacco Market Overview 2021

Cigarettes Containing Tobacco Market Size in the Philippines

The Philippine cigarettes containing tobacco market expanded to $X in 2020, with an increase of X% against the previous year. Over the period under review, consumption, however, saw a mild contraction. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. Cigarettes containing tobacco consumption peaked at $X in 2008; however, from 2009 to 2020, consumption remained at a lower figure.

Cigarettes Containing Tobacco Production in the Philippines

In value terms, cigarettes containing tobacco production fell to $X in 2020 estimated in export prices. Overall, production recorded a slight reduction. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2011; however, from 2012 to 2020, production stood at a somewhat lower figure.

Cigarettes Containing Tobacco Exports

Exports from the Philippines

In 2020, overseas shipments of cigarettes containing tobacco increased by X% to X tonnes, rising for the fourth consecutive year after two years of decline. Overall, exports posted resilient growth. The most prominent rate of growth was recorded in 2017 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum in 2020 and are expected to retain growth in years to come.

In value terms, cigarettes containing tobacco exports expanded slightly to $X in 2020. In general, exports posted buoyant growth. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. Over the period under review, exports attained the maximum in 2020 and are expected to retain growth in years to come.

Exports by Country

Thailand (X tonnes) was the main destination for cigarettes containing tobacco exports from the Philippines, with a X% share of total exports. Moreover, cigarettes containing tobacco exports to Thailand exceeded the volume sent to the second major destination, South Korea (X tonnes), twofold. The third position in this ranking was occupied by Singapore (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Thailand totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+X% per year) and Singapore (+X% per year).

In value terms, the largest markets for cigarettes containing tobacco exported from the Philippines were Thailand ($X), South Korea ($X) and Singapore ($X), with a combined X% share of total exports.

Among the main countries of destination, South Korea (+X% per year) saw the highest growth rate of 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

The average cigarettes containing tobacco export price stood at $X per tonne in 2020, almost unchanged from the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2018 an increase of X% y-o-y. As a result, export price reached the peak level of $X per tonne. from 2019 to 2020, the growth in terms of the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Singapore ($X per tonne), while the average price for exports to China ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Singapore, while the prices for the other major destinations experienced mixed trend patterns.

Cigarettes Containing Tobacco Imports

Imports into the Philippines

In 2020, supplies from abroad of cigarettes containing tobacco increased by X% to X tonnes for the first time since 2016, thus ending a three-year declining trend. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Over the period under review, imports attained the maximum in 2020 and are expected to retain growth in years to come.

In value terms, cigarettes containing tobacco imports skyrocketed to $X in 2020. Overall, imports saw a significant increase. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. Imports peaked in 2020 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2020, Viet Nam (X tonnes) was the main supplier of cigarettes containing tobacco to the Philippines, with a approx. X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from Viet Nam stood at +X%.

In value terms, Viet Nam ($X) constituted the largest supplier of cigarettes containing tobacco to the Philippines.

From 2007 to 2020, the average annual growth rate of value from Viet Nam stood at +X%.

Import Prices by Country

In 2020, the average cigarettes containing tobacco import price amounted to $X per tonne, with a decrease of -X% against the previous year. In general, the import price recorded a pronounced curtailment. The pace of growth was the most pronounced in 2018 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2012; however, from 2013 to 2020, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Viet Nam.

From 2007 to 2020, the rate of growth in terms of prices for Viet Nam amounted to -X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cigarettes containing tobacco in the world?
+
Russia (297M tonnes) constituted the country with the largest volume of cigarettes containing tobacco consumption, comprising approx. 96% of total volume.
What are the largest producers of cigarettes containing tobacco in the world?
+
The country with the largest volume of cigarettes containing tobacco production was Russia (297M tonnes), accounting for 96% of total volume.
What are the leading suppliers of cigarettes containing tobacco to the Philippines?
+
In value terms, Viet Nam ($210M) constituted the largest supplier of cigarettes containing tobacco to the Philippines.
What are the leading importers of cigarettes containing tobacco from the Philippines?
+
In value terms, the largest markets for cigarettes containing tobacco exported from the Philippines were Thailand ($114M), South Korea ($70M) and Singapore ($44M), with a combined 83% share of total exports.
What is the average export price for cigarettes containing tobacco in the Philippines?
+
The average cigarettes containing tobacco export price stood at $9,295 per tonne in 2020, therefore, remained relatively stable against the previous year.
What is the average import price for cigarettes containing tobacco in the Philippines?
+
The average cigarettes containing tobacco import price stood at $9,766 per tonne in 2020, which is down by -35.7% against the previous year.

Product coverage:
• Prodcom 12001150 - Cigarettes containing tobacco or mixtures of tobacco and tobacco substitutes (excluding tobacco duty)

This report provides an in-depth analysis of the cigarettes containing tobacco market in the Philippines. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Philippines

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the Philippines
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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