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Republic of Korea - Cigarettes Containing Tobacco - Market Analysis, Forecast, Size, Trends and Insights
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Republic of Korea: Cigarettes Containing Tobacco Market Overview 2021

Cigarettes Containing Tobacco Market Size in Republic of Korea

In 2020, the South Korean cigarettes containing tobacco market increased by X% to $X, rising for the second year in a row after five years of decline. Over the period under review, consumption, however, showed a pronounced decline. Over the period under review, the market hit record highs at $X in 2009; however, from 2010 to 2020, consumption failed to regain the momentum.

Cigarettes Containing Tobacco Production in Republic of Korea

In value terms, cigarettes containing tobacco production stood at $X in 2020 estimated in export prices. Overall, production, however, continues to indicate a noticeable reduction. Over the period under review, production reached the peak level at $X in 2009; however, from 2010 to 2020, production remained at a lower figure.

Cigarettes Containing Tobacco Exports

Exports from Republic of Korea

In 2020, after two years of decline, there was significant growth in overseas shipments of cigarettes containing tobacco, when their volume increased by X% to X tonnes. Over the period under review, exports recorded strong growth. The pace of growth was the most pronounced in 2012 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2017; however, from 2018 to 2020, exports failed to regain the momentum.

In value terms, cigarettes containing tobacco exports expanded rapidly to $X in 2020. In general, exports recorded strong growth. The most prominent rate of growth was recorded in 2012 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at $X in 2017; however, from 2018 to 2020, exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X tonnes), Japan (X tonnes) and the U.S. (X tonnes) were the main destinations of cigarettes containing tobacco exports from South Korea, together comprising X% of total exports. Thailand, Libya, Hong Kong SAR, Taiwan (Chinese), Viet Nam, Mongolia, Nigeria and Panama lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Nigeria (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cigarettes containing tobacco exported from South Korea were the United Arab Emirates ($X), Japan ($X) and the U.S. ($X), with a combined X% share of total exports. These countries were followed by Thailand, Hong Kong SAR, Mongolia, Taiwan (Chinese), Viet Nam, Libya, Nigeria and Panama, which together accounted for a further X the main countries of destination, Nigeria (+X% per year) 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 2020, the average cigarettes containing tobacco export price amounted to $X per tonne, flattening at the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 an increase of X% y-o-y. As a result, export price attained the peak level of $X per tonne. from 2010 to 2020, the growth in terms of the average export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per tonne), while the average price for exports to Panama ($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 Hong Kong SAR, while the prices for the other major destinations experienced a decline.

Cigarettes Containing Tobacco Imports

Imports into Republic of Korea

In 2020, the amount of cigarettes containing tobacco imported into South Korea soared to X tonnes, rising by X% compared with the year before. In general, imports recorded mild growth. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Imports peaked at X tonnes in 2010; however, from 2011 to 2020, imports remained at a lower figure.

In value terms, cigarettes containing tobacco imports skyrocketed to $X in 2020. Over the period under review, imports posted a tangible expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X% y-o-y. Imports peaked at $X in 2010; however, from 2011 to 2020, imports stood at a somewhat lower figure.

Imports by Country

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

From 2007 to 2020, the average annual rate of growth in terms of volume from the Philippines amounted to +X%.

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

From 2007 to 2020, the average annual growth rate of value from the Philippines totaled +X%.

Import Prices by Country

The average cigarettes containing tobacco import price stood at $X per tonne in 2020, increasing by X% against the previous year. Overall, import price indicated a modest increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, cigarettes containing tobacco import price decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2016; however, from 2017 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 the Philippines.

From 2007 to 2020, the rate of growth in terms of prices for the Philippines amounted to +X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cigarettes containing tobacco in the world?
+
The country with the largest volume of cigarettes containing tobacco consumption was Russia (297M tonnes), accounting for 96% of total volume.
What are the largest producers of cigarettes containing tobacco in the world?
+
Russia (297M tonnes) remains the largest cigarettes containing tobacco producing country worldwide, accounting for 96% of total volume.
What are the leading suppliers of cigarettes containing tobacco to Republic of Korea?
+
In value terms, the Philippines ($70M) constituted the largest supplier of cigarettes containing tobacco to South Korea.
What are the leading importers of cigarettes containing tobacco from Republic of Korea?
+
In value terms, the United Arab Emirates ($231M), Japan ($171M) and the U.S. ($159M) appeared to be the largest markets for cigarettes containing tobacco exported from South Korea worldwide, with a combined 69% share of total exports. Thailand, Hong Kong SAR, Mongolia, Taiwan (Chinese), Viet Nam, Libya, Nigeria and Panama lagged somewhat behind, together comprising a further 26%.
What is the average export price for cigarettes containing tobacco in Republic of Korea?
+
In 2020, the average cigarettes containing tobacco export price amounted to $14,148 per tonne, standing approx. at the previous year.
What is the average import price for cigarettes containing tobacco in Republic of Korea?
+
The average cigarettes containing tobacco import price stood at $14,610 per tonne in 2020, increasing by 2% 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 Republic of Korea. 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:
• South Korea

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Republic of Korea
• 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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