India: Cigarettes Containing Tobacco Market 2024

Cigarettes Containing Tobacco Market Size in India

The Indian cigarettes containing tobacco market totaled $X in 2022, flattening at the previous year. Over the period under review, the total consumption indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -2.2% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Cigarettes Containing Tobacco Production in India

In value terms, cigarettes containing tobacco production rose to $X in 2022 estimated in export price. Overall, the total production indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.8% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by 13% against the previous year. Cigarettes containing tobacco production peaked at $X in 2020; afterwards, it flattened through to 2022.

Cigarettes Containing Tobacco Exports

Exports from India

Cigarettes containing tobacco exports from India skyrocketed to X tons in 2022, increasing by 24% against the previous year's figure. Overall, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 25%. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, cigarettes containing tobacco exports skyrocketed to $X in 2022. Over the period under review, total exports indicated a modest increase from 2012 to 2022: its value increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +34.8% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 25% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Singapore (X tons), Bhutan (X tons) and Kuwait (X tons) were the main destinations of cigarettes containing tobacco exports from India, together accounting for 55% of total exports.

From 2012 to 2022, the biggest increases were recorded for Bhutan (with a CAGR of +419.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), Bhutan ($X) and Kuwait ($X) constituted the largest markets for cigarettes containing tobacco exported from India worldwide, together accounting for 55% of total exports.

In terms of the main countries of destination, Bhutan, with a CAGR of +398.2%, recorded 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

In 2022, the average cigarettes containing tobacco export price amounted to $X per ton, dropping by -5.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The pace of growth appeared the most rapid in 2018 an increase of 24%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Bhutan ($X per ton) and Vietnam ($X per ton), while the average price for exports to Singapore ($X per ton) and Qatar ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.

Cigarettes Containing Tobacco Imports

Imports into India

In 2022, purchases abroad of cigarettes containing tobacco increased by 150% to X tons for the first time since 2018, thus ending a three-year declining trend. Overall, imports recorded a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, cigarettes containing tobacco imports soared to $X in 2022. Over the period under review, total imports indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Switzerland (X tons), Singapore (X tons) and Indonesia (X tons) were the main suppliers of cigarettes containing tobacco imports to India, with a combined 81% share of total imports. These countries were followed by Turkey, the United Arab Emirates, Serbia, the Philippines and Germany, which together accounted for a further 16%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +476.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cigarettes containing tobacco suppliers to India were Switzerland ($X), Singapore ($X) and Indonesia ($X), together comprising 81% of total imports. These countries were followed by Turkey, the United Arab Emirates, Serbia, the Philippines and Germany, which together accounted for a further 16%.

In terms of the main suppliers, Turkey, with a CAGR of +481.9%, saw 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 cigarettes containing tobacco import price amounted to $X per ton, rising by 6.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2014 an increase of 13% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Philippines ($X per ton) and Indonesia ($X per ton), while the price for Singapore ($X per ton) and Serbia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :