Singapore: Cigarettes Containing Tobacco Market 2025

Cigarettes Containing Tobacco Market Size in Singapore

In 2022, the Singaporean cigarettes containing tobacco market increased by 33% to $X, rising for the third year in a row after seven years of decline. Overall, the total consumption indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +110.0% against 2019 indices. Cigarettes containing tobacco consumption peaked in 2022 and is likely to see gradual growth in years to come.

Cigarettes Containing Tobacco Production in Singapore

In value terms, cigarettes containing tobacco production fell to $X in 2022 estimated in export price. In general, production recorded a perceptible downturn. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Cigarettes Containing Tobacco Exports

Exports from Singapore

In 2022, shipments abroad of cigarettes containing tobacco decreased by -32.9% to X tons, falling for the third year in a row after eight years of growth. Overall, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2016 with an increase of 10% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, cigarettes containing tobacco exports fell to $X in 2022. Over the period under review, exports saw a noticeable setback. The most prominent rate of growth was recorded in 2015 with an increase of 27%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Vietnam (X tons), Thailand (X tons) and Indonesia (X tons) were the main destinations of cigarettes containing tobacco exports from Singapore, together comprising 57% of total exports. These countries were followed by Australia, Cambodia, Malaysia, the Philippines, China, Taiwan (Chinese), Hong Kong SAR, Japan, the United Arab Emirates and New Zealand, which together accounted for a further 38%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +17.0%), while the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X) remains the key foreign market for cigarettes containing tobacco exports from Singapore, comprising 40% of total exports. The second position in the ranking was held by Thailand ($X), with a 13% share of total exports. It was followed by Indonesia, with a 7.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Vietnam was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+7.6% per year) and Indonesia (+10.1% per year).

Export Prices by Country

In 2022, the average cigarettes containing tobacco export price amounted to $X per ton, with an increase of 29% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Thailand ($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 the United Arab Emirates (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Cigarettes Containing Tobacco Imports

Imports into Singapore

In 2022, purchases abroad of cigarettes containing tobacco decreased by -32.5% to X tons, falling for the fourth consecutive year after four years of growth. Over the period under review, imports saw a abrupt curtailment. The pace of growth was the most pronounced in 2013 with an increase of 11% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, cigarettes containing tobacco imports contracted dramatically to $X in 2022. In general, imports recorded a noticeable slump. The most prominent rate of growth was recorded in 2016 with an increase of 9.1% against the previous year. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons), Vietnam (X tons) and the United Arab Emirates (X tons) were the main suppliers of cigarettes containing tobacco imports to Singapore, together accounting for 59% of total imports.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +3.7%), while purchases for the other leaders experienced a decline.

In value terms, the largest cigarettes containing tobacco suppliers to Singapore were Indonesia ($X), China ($X) and the United Arab Emirates ($X), together comprising 59% of total imports.

The United Arab Emirates, with a CAGR of +9.1%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cigarettes containing tobacco import price stood at $X per ton in 2022, growing by 23% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Indonesia ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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