Indonesia: Market for Manufactured Tobacco, Extracts And Essences 2025

Market Size for Manufactured Tobacco, Extracts And Essences in Indonesia

In 2021, the Indonesian market for manufactured tobacco, extracts and essences increased by 22% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption, however, saw a perceptible curtailment. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Production of Manufactured Tobacco, Extracts And Essences in Indonesia

In value terms, manufactured tobacco, extracts and essences production stood at $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.4% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2019 when the production volume increased by 16%. As a result, production reached the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Exports of Manufactured Tobacco, Extracts And Essences

Exports from Indonesia

In 2021, shipments abroad of manufactured tobacco, extracts and essences decreased by -19.2% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2013 with an increase of 195% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, manufactured tobacco, extracts and essences exports reduced markedly to $X in 2021. In general, exports, however, saw a significant expansion. The growth pace was the most rapid in 2013 with an increase of 332%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Papua New Guinea (X tons) was the main destination for manufactured tobacco, extracts and essences exports from Indonesia, with a 56% share of total exports. Moreover, manufactured tobacco, extracts and essences exports to Papua New Guinea exceeded the volume sent to the second major destination, Solomon Islands (X tons), fivefold. The third position in this ranking was taken by Fiji (X tons), with a 5.1% share.

From 2012 to 2021, the average annual growth rate of volume to Papua New Guinea totaled +178.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Solomon Islands (+7.9% per year) and Fiji (+3.2% per year).

In value terms, Papua New Guinea ($X) emerged as the key foreign market for manufactured tobacco, extracts and essences exports from Indonesia, comprising 47% of total exports. The second position in the ranking was held by Japan ($X), with an 8.3% share of total exports. It was followed by Solomon Islands, with a 7.7% share.

From 2012 to 2021, the average annual growth rate of value to Papua New Guinea amounted to +158.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+209.7% per year) and Solomon Islands (+2.3% per year).

Export Prices by Country

The average export price for manufactured tobacco, extracts and essences stood at $X per ton in 2021, falling by -13.5% against the previous year. Overall, the export price, however, enjoyed mild growth. The most prominent rate of growth was recorded in 2019 an increase of 82% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Singapore ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+26.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Manufactured Tobacco, Extracts And Essences

Imports into Indonesia

In 2021, the amount of manufactured tobacco, extracts and essences imported into Indonesia contracted to X tons, waning by -12.7% against the previous year. In general, imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2013 with an increase of 303% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, manufactured tobacco, extracts and essences imports soared to $X in 2021. Overall, imports, however, enjoyed prominent growth. The growth pace was the most rapid in 2013 with an increase of 342% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, South Korea (X tons) constituted the largest manufactured tobacco, extracts and essences supplier to Indonesia, with a 61% share of total imports. Moreover, manufactured tobacco, extracts and essences imports from South Korea exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), threefold. The Philippines (X tons) ranked third in terms of total imports with a 3.7% share.

From 2012 to 2021, the average annual growth rate of volume from South Korea stood at +171.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+1.0% per year) and the Philippines (-15.6% per year).

In value terms, South Korea ($X) constituted the largest supplier of manufactured tobacco, extracts and essences to Indonesia, comprising 58% of total imports. The second position in the ranking was taken by China ($X), with a 21% share of total imports. It was followed by Malaysia, with an 8.2% share.

From 2012 to 2021, the average annual growth rate of value from South Korea totaled +199.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+21.1% per year) and Malaysia (-0.4% per year).

Import Prices by Country

In 2021, the average import price for manufactured tobacco, extracts and essences amounted to $X per ton, rising by 41% against the previous year. Overall, the import price saw a strong increase. The growth pace was the most rapid in 2019 when the average import price increased by 82%. The import price peaked in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+46.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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