Asia-Pacific: Cigarettes Containing Tobacco Market 2024

Cigarettes Containing Tobacco Market Size in Asia-Pacific

The Asia-Pacific cigarettes containing tobacco market fell to $X in 2023, shrinking by X% against the previous year. Over the period under review, consumption, however, showed a perceptible shrinkage. The growth pace was the most rapid in 2017 when the market value increased by X%. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Cigarettes Containing Tobacco Production in Asia-Pacific

In value terms, cigarettes containing tobacco production contracted modestly to $X in 2023 estimated in export price. Over the period under review, production, however, saw a mild decrease. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2023, production stood at a somewhat lower figure.

Cigarettes Containing Tobacco Exports

Exports in Asia-Pacific

In 2023, shipments abroad of cigarettes containing tobacco was finally on the rise to reach X units after four years of decline. In general, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2017 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, cigarettes containing tobacco exports stood at $X in 2023. Overall, exports, however, saw a relatively flat trend pattern. The level of export peaked at $X in 2016; however, from 2017 to 2023, the exports remained at a lower figure.

Exports by Country

In 2023, Indonesia (X units), distantly followed by South Korea (X units), the Philippines (X units), Hong Kong SAR (X units), Singapore (X units) and China (X units) represented the largest exporters of cigarettes containing tobacco, together generating X% of total exports. Taiwan (Chinese) (X units) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Taiwan (Chinese) (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), South Korea ($X) and Hong Kong SAR ($X) constituted the countries with the highest levels of exports in 2023, together accounting for X% of total exports. Singapore, the Philippines, China and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Taiwan (Chinese), 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 more modest paces of growth.

Export Prices by Country

In 2023, the export price in Asia-Pacific amounted to $X per thousand units, rising by X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. Over the period under review, the export prices hit record highs at $X per thousand units in 2017; however, from 2018 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per thousand units), while the Philippines ($X per thousand units) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other leaders experienced more modest paces of growth.

Cigarettes Containing Tobacco Imports

Imports in Asia-Pacific

In 2023, after six years of decline, there was growth in supplies from abroad of cigarettes containing tobacco, when their volume increased by X% to X units. Overall, imports, however, showed a pronounced decline. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. The volume of import peaked at X units in 2016; however, from 2017 to 2023, imports remained at a lower figure.

In value terms, cigarettes containing tobacco imports declined to $X in 2023. In general, imports, however, saw a abrupt descent. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the three major importers of cigarettes containing tobacco, namely Cambodia, Japan and Hong Kong SAR, represented more than third of total import. Singapore (X units) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Thailand (X%), Afghanistan (X%), China (X%) and Taiwan (Chinese) (X%). Australia (X units) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for China (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cigarettes containing tobacco importing markets in Asia-Pacific were Japan ($X), Hong Kong SAR ($X) and China ($X), with a combined X% share of total imports.

China, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Asia-Pacific amounted to $X per thousand units, falling by X% against the previous year. In general, the import price recorded a pronounced reduction. The most prominent rate of growth was recorded in 2018 an increase of X%. The level of import peaked at $X per thousand units in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Australia ($X per thousand units), while Cambodia ($X per thousand units) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Afghanistan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform