Philippines: Cigarettes Containing Tobacco Market 2025

Cigarettes Containing Tobacco Market Size in the Philippines

In 2022, after two years of growth, there was significant decline in the Philippine cigarettes containing tobacco market, when its value decreased by -5.4% to $X. Over the period under review, consumption showed a perceptible slump. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Cigarettes Containing Tobacco Production in the Philippines

In value terms, cigarettes containing tobacco production amounted to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the production volume increased by 18% against the previous year. Cigarettes containing tobacco production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Cigarettes Containing Tobacco Exports

Exports from the Philippines

In 2022, after three years of decline, there was significant growth in overseas shipments of cigarettes containing tobacco, when their volume increased by 21% to X tons. In general, exports enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2018 with an increase of 140% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, cigarettes containing tobacco exports declined to $X in 2022. Over the period under review, exports enjoyed resilient growth. The pace of growth was the most pronounced in 2018 with an increase of 81% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

South Korea (X tons), Malaysia (X tons) and Thailand (X tons) were the main destinations of cigarettes containing tobacco exports from the Philippines, together accounting for 61% of total exports. Singapore, Bolivia, Cambodia and Vietnam lagged somewhat behind, together accounting for a further 35%.

From 2012 to 2022, the biggest increases were recorded for Cambodia (with a CAGR of +212.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cigarettes containing tobacco exported from the Philippines were South Korea ($X), Singapore ($X) and Malaysia ($X), with a combined 68% share of total exports. These countries were followed by Thailand, Cambodia, Vietnam and Bolivia, which together accounted for a further 21%.

In terms of the main countries of destination, Cambodia, with a CAGR of +166.6%, 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

The average cigarettes containing tobacco export price stood at $X per ton in 2022, declining by -25.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2019 an increase of 32% against the previous year. The export price peaked at $X per ton in 2021, and then contracted rapidly in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Bolivia ($X per ton) was amongst the lowest.

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

Cigarettes Containing Tobacco Imports

Imports into the Philippines

In 2022, the amount of cigarettes containing tobacco imported into the Philippines soared to X tons, increasing by 108% on the year before. Overall, imports showed a strong increase. The pace of growth was the most pronounced in 2013 with an increase of 682%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, cigarettes containing tobacco imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate strong growth. The growth pace was the most rapid in 2013 when imports increased by 310% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Russia (X tons), Taiwan (Chinese) (X tons) and Indonesia (X tons) were the main suppliers of cigarettes containing tobacco imports to the Philippines, with a combined 83% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of +272.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constituted the largest supplier of cigarettes containing tobacco to the Philippines, comprising 54% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 23% share of total imports. It was followed by Indonesia, with an 8.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia totaled +231.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+94.0% per year) and Indonesia (+53.0% per year).

Import Prices by Country

In 2022, the average cigarettes containing tobacco import price amounted to $X per ton, picking up by 18% against the previous year. Overall, the import price, however, continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2018 when the average import price increased by 32% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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